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almond37 [142]
3 years ago
9

If a bank sells​ $10 million of bonds to the Fed to pay back​ $10 million on the loan it​ owes, what will be the effect on the l

evel of checkable​ deposits? Assume that the required reserve ratio on checkable deposits is​ 10%, banks do not hold any excess​ reserves, and the​ public's holdings of currency do not change.
Business
1 answer:
Anettt [7]3 years ago
8 0

Answer:

There will be no effect on the level of checkable deposits.

Explanation:

Since the bank sold the $10 million of bonds to pay back a debt, that means that the bank's checkable deposits will not change. The bank's reserves will remain unchanged since the checkable deposits remain unchanged.

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USPshnik [31]

Answer:

Part (a)  

The percentage ownership of Mr. John is 20% + (80% x 20%) = 36%

Part (b)

The percentage ownership of Mr. Brian is 30% + 30% = 60%

Part (c)

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Part (d)

The amount that could be recognized for the purposes of tax would be $0, as Mr. Brian owns more than half that is more than 50% of XYZ Corp. either directly or indirectly.

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Answer:

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The absence or presence of the related and supporting industries usually have effect on the success of a company in a country.

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4 years ago
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Korolek [52]

Answer:

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Explanation:

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Option C

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<u>Explanation:</u>

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It lessens the uncertainties of falsification or distortion by promoting communication among the appropriate parties. It also diminishes a manager's communication workload because he doesn't ought to work as an emissary among his direct statements and other administrators.

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Sergio039 [100]
  it's Ebenezer Scrooge
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3 years ago
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