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arsen [322]
3 years ago
10

Choose the correct statement. A. Upper A bank's reserves are notes and coins in the bank's vault or in a deposit account at the

Federal Reserve. B. In 2017 about 700 commercial banks operated in the United States. C. Upper A benefit of a money market mutual fund is that shareholders can write checks on their accounts with no restrictions. D. The deposits of commercial banks represent 62 percent of Upper M 1 and 49 percent of Upper M 2.
Business
1 answer:
AlexFokin [52]3 years ago
6 0

Answer:

A.

Explanation:

Upper A bank's reserves are notes and coins in the bank's vault or in a deposit account at the Federal Reserve.

Upper A is a commercial bank, and it's bank reserve is The money it keeps on in it's bank vault, or it is money that the bank has kept in an account with the country's central bank which is the federal reserve.

If the Fed says banks are to reserve 10% of deposits and Upper A takes in $2,000,000 in deposits, it would berequired for the bank to keep $200,000 either in its bank vault or in its account with the Federal reserve.

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A grain elevator operator bought a futures contract for 5,000 kilograms of rice at $1.50 per kilogram. The initial margin is $4,
Inessa05 [86]

Answer:

Given that,

Operator bought a futures contract = 5,000 kilograms of rice at $1.50 per kilogram

Initial margin = $4,000

Maintenance margin = $2,000

(a)

(i) Balance of Margin = Initial margin - maintenance margin

                                  = $4,000 - $2,000

                                  = $2,000 (loss)

(ii) Change in price = \frac{2,000}{5,000}

                               = $0.40

(b) Price per kilogram = Current price - Change in Price

                                     = $1.50 - $0.40

                                     = $1.10

So, change price per kg is $1.10

(c) Balance of Margin = Initial margin - maintenance margin

                                  = $4,000 + $2,000

                                  = $6,000 (loss)

Change in price = \frac{2,000}{5,000}

                               = $0.40

(d) Price per kg = Current price - change in price

                          = $1.50 + $0.40

                          = $1.90

3 0
3 years ago
What does humanidocious mean??
Ilia_Sergeevich [38]
Humanidocious is not an actual word because it is not on dictionaries or word that is being used with the definition it contains as this word is a made up or not a real word because this has been used in means of making a made up or fake word in replacing or trying to define something where in the word does not actually exist.
8 0
3 years ago
1. Suppose the amount of premium leather decreases from 180 to 150 a. Does the shadow price change? Why or why not? b. If possib
kkurt [141]

Answer:

Explanation: A. Shadow price has not changed because Shadow price show value of a commodity without considering final cost.

B. Change in value 180 - 150/180 X 100 = 16.7

C. The optimal solution didn't change because the product price went from it highest profit 180 to it's least cost 150

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3 years ago
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When Matt Sawyer talks about giving kids a good experience early so they are more likely to come back when they "get wheels" (me
Lunna [17]

Answer:

The correct answer is letter "D": Psychological–learning.

Explanation:

Psychological learning refers to the behavior individuals acquire based on their experiences, negative or positive. It is believed events of individuals' childhood shape their personalities in the future and their attitudes in front of different situations. The school of study in charge of studying behavior is called Behaviorism.

5 0
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Sharon, a CPA for a large firm noticed that the company's accounting records drastically overstated the amount of inventory on h
Kryger [21]

Answer:

The Whistleblower Protection Act of 1989

Explanation:

The Supreme Court established that the Whistleblower Protection Act of 1989 covered not only employees from government entities, but also employees from private organizations (Lawson v. FMR LLC, March 4, 2014).

Whistleblowers are employees of private businesses or government entities that report illegal activities carried out by their employers. This law protects whistleblowers against possible retaliation from their employers.  

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