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kenny6666 [7]
3 years ago
9

What is the ratio of a deposit that the Fed requires banks to keep in reserve?

History
2 answers:
Elza [17]3 years ago
6 0

Reserve ratio is the ratio of a bank's reserves to the amount of its demand deposits, i.e. its checking deposits. The Fed sets the required minimum ratio, currently 10%. Even with no specified minimum ratio, banks would have to maintain sufficient reserves to cover checks written by depositors and to provide cash on demand.

Crank3 years ago
5 0

Answer: The ratio would be letter B

Hope this helps !

:

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The equal employment opportunity commission was established by which piece of legislation? equal pay act wagner act title vii of
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The Equal Employment Opportunity Commission<span> was created by Title VII of the Civil Rights </span>Act<span> of 1964</span>
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Identify three events in Genghis Khan's life and explain how these events led him to become the leader of the largest land empir
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Answer:    Mongolian warrior and ruler Genghis Khan created the largest empire in the world, the Mongol Empire, by destroying individual tribes in Northeast Asia. Synopsis Genghis Khan was born "Temujin" in Mongolian warrior and ruler Genghis Khan created the largest empire in the world, the Mongol Empire, by destroying individual tribes in Northeast Asia.

Synopsis

Genghis Khan was born "Temujin" in Mongolia around 1162. He married at age 16, but had many wives during his lifetime. At 20, he began building a large army with the intent to destroy individual tribes in Northeast Asia and unite them under his rule. He was successful; the Mongol Empire was the largest empire in the world before the British Empire, and lasted well after his own death in 1227.

Early Life

Born in north central Mongolia around 1162, Genghis Khan was originally named "Temujin" after a Tatar chieftain that his father, Yesukhei, had captured. Young Temujin was a member of the Borjigin tribe and a descendant of Khabul Khan, who briefly united Mongols against the Jin (Chin) Dynasty of northern China in the early 1100s. According to the "Secret History of the Mongols" (a contemporary account of Mongol history), Temujin was born with a blood clot in his hand, a sign in Mongol folklore that he was destined to become a leader. His mother, Hoelun, taught him the grim reality of living in turbulent Mongol tribal society and the need for alliances.

When Temujin was 9, his father took him to live with the family of his future bride, Borte. On the return trip home, Yesukhei encountered members of the rival Tatar tribe, who invited him to a conciliatory meal, where he was poisoned for past transgressions against the Tatars. Upon hearing of his father's death, Temujin returned home to claim his position as clan chief. However, the clan refused to recognize the young boy's leadership and ostracized his family of younger brothers and half-brothers to near-refugee status. The pressure on the family was great, and in a dispute over the spoils of a hunting expedition, Temujin quarreled with and killed his half-brother, Bekhter, confirming his position as head of the family.

At 16, Temujin married Borte, cementing the alliance between the Konkirat tribe and his own. Soon after, Borte was kidnapped by the rival Merkit tribe and given to a chieftain as a wife. Temujin was able to rescue her, and soon after, she gave birth to her first son, Jochi. Though Borte's captivity with the Konkirat tribe cast doubt on Jochi's birth, Temujin accepted him as his own. With Borte, Temujin had four sons and many other children with other wives, as was Mongolian custom. However, only his male children with Borte qualified for succession in the family.

The 'Universal Ruler'

When Temujin was about 20, he was captured in a raid by former family allies, the Taichi'uts, and temporarily enslaved. He escaped with the help of a sympathetic captor, and joined his brothers and several other clansmen to form a fighting unit. Temujin began his slow ascent to power by building a large army of more than 20,000 men. He set out to destroy traditional divisions among the various tribes and unite the Mongols under his rule.

Through a combination of outstanding military tactics and merciless brutality, Temujin avenged his father's murder by decimating the Tatar army, and ordered the killing of every Tatar male who was more than approximately 3 feet tall (taller than the linchpin, or axle pin, of a wagon wheel). Temujin's Mongols then defeated the Taichi'ut using a series of massive cavalry attacks, including having all of the Taichi'ut chiefs boiled alive. By 1206, Temujin had also defeated the powerful Naiman tribe, thus giving him control of central and eastern Mongolia.

The early success of the Mongol army owed much to the brilliant military tactics of Genghis Khan, as well as his understanding of his enemies' motivations. He employed an extensive spy network and was quick to adopt new technologies from his enemies. The well-trained Mongol army of 80,000 fighters coordinated their advance with a sophisticated signaling system of smoke and burning torches. Large drums sounded commands to charge, and further orders were conveyed with flag signals. Every soldier was fully equipped with a bow, arrows, a shield, a dagger and a lasso. He also carried large saddlebags for food, tools and spare clothes. The saddlebag was waterproof and could be inflated to serve as a life preserver when crossing deep and swift-moving rivers. Cavalrymen carried a small sword, javelins, body armor, a battle-ax or mace, and a lance with a hook to pull enemies off of their horses. The Mongols were devastating in their attacks.

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B. Ethnic Conflict.

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