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melisa1 [442]
3 years ago
7

Suppose a bank has $200 million in checking account deposits with no excess reserves and the required reserve ratio is 15%. If t

he Fed reduces the required reserve ratio to 10%, the bank will now have excess reserves of:_________.
Business
1 answer:
Verizon [17]3 years ago
6 0

Answer:

Excess reserve = $180 million

Explanation:

Required-reserve ratio: The minimum percentage that banks are required to keep as reserve is known as the required-reserve ratio. In this question, it is given as 10%. Multiply this ratio by the total deposit and you will get the required reserve in dollar amount.

Therefore the required reserve for this bank = 10% ×$200 million= $20 million

Excess reserve; Excess reserve is the balance of the total deposit over and above the required reserve. The bank can lend and create loan asset from this balance.

It is calculated as = Total deposit - Required reserve

So we apply this to our question

Excess reserve = $200 million - (10% × $200 million) = 180  million

Excess reserve = $180 million

                         

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il63 [147K]

Answer:

Yes

Explanation:

The customer must feel happy, and comfortable in the environment that shopkeeps set up. An unhappy customer is far less likely to purchase in quantity and may be less attracted to products. The experience of shopping must be positive if the manager wishes to succeed.

Examples may be seen in MacDonalds, where the "Happy" meal exists, where bright colours are used and service must be supportive of the customers needs and thoughts.

7 0
3 years ago
True or false<br><br> Macroeconomics deals with the behaviour of individual economic units. ​
VashaNatasha [74]

Answer:

false. it deals with ecomonics as a whole. it's in the name dude

6 0
3 years ago
Read 2 more answers
Garfield Corp. expects to sell 1,300 units of its pet beds in March and 900 units in April. Each unit sells for $110. Garfield’s
Svetach [21]

Answer:

$47,200

Explanation:

For computing the budgeted purchase, first we have to determine the purchase unit which is shown below:

= Sale units + ending inventory units - beginning inventory units

where,

Sale units are 1,300 units

Ending inventory units = 900 units × 30% = 270 units

Beginning inventory units = 1,300 × 30% = 390 units

Now put these units to the above formula  

So, the units would equal to

= 1,300 units + 270 units - 390 units

= 1,180 units

Now the budgeted purchase would be

= 1,180 units × $40

= $47,200

4 0
4 years ago
Please select the GDP calculation method that best fits each of the given definitions. This method takes into account payments r
gulaghasi [49]

Answer:

income approach

Explanation:

The income approach method for calculating the GDP adds the factor incomes to the factors of production. It uses an approach similar to general accounting procedures since the total amount of the expenditures = total income. It divides the economy into four major factors of production or sources: wages, rents, interest and profits.

5 0
3 years ago
A human resource manager who is trying to find the best ways to help employees deal with stress might use concepts from which di
dezoksy [38]

Answer:

A. Medicine

Explanation:

Stress is a condition that affects the mental health of employees and is a challenge for human resources professionals in the workplace. Generally, work stress is caused by high workloads, pressure, conflicts, etc.

Therefore, it is necessary that HR be able to implement solutions to deal with stress in an organization, with the objective of maintaining the mental health and productivity of employees. For this, HR can use concepts from medicine, such as implementing health programs -being, improving physical fitness, labor gymnastics, etc. All of these concepts that promote well-being will assist in promoting a positive organizational culture and aimed at developing the skills and competences of each employee.

8 0
3 years ago
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