1) Banks hold excess and secondary reserves toA) reduce the interest-rate risk problem.
2) Which of the following statements most accurately describes the task of bank asset management?
b. Banks seek to have the highest liquidity possible subject to earning a positive rate of return on their operations.
3) The goals of bank asset management include
d. purchasing securities with high returns and low risk.
Hope this helps. Have a nice day.
Answer:
1.88% and $1,339
Explanation:
The computation of the amount of change revenue is shown below:-
Amount of change revenue = Recent year - prior year
= $72,618 - $71,279
= $1,339
Percentage of change revenue = (Recent year - prior year) ÷ Prior years
= ($72,618 - $71,279) ÷ $71,279
= $1,339 ÷ $71,279
= 1.88%
We simply applied the above formulas
Answer:
taxes and no money management
Explanation:
some comes out of taxes and you do not know what to do with so much money
A large industrial sector doesn’t
always indicate that a nation is fully developed because the standard of living
may not have risen with industrial growth. An example of this is North Korea.
It has a large industrial sector but also a low standard of living, so it’s not
considered developed. The correct answer between all the choices given is the
second choice or letter B. I am hoping that this answer has satisfied your
query and it will be able to help you in your endeavor, and if you would like,
feel free to ask another question.
Consider a world in which there is no currency and depository institutions issue only transactions deposits and desire to hold no excess reserves. The required reserve ratio is 15 percent. The central bank sells $0.98 billion in government securities.
What happens to the money supply?
Give reasons to support your answer.
Answer:
The answer is below
Explanation:
Considering the situation described above, the result is that there will be a DECREASE in the money supply of $6.53 billion.
This is because the money multiplier is calculated as 1/rr, where RR is the reserve ratio.
Hence, in this case, we have 1/0.15 = 6.67
Therefore, 6.67 × $0.98 billion = $6.53 billion.
