1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Darya [45]
3 years ago
14

Suppose a bank has​ $100 million in checking account deposits with no excess reserves and the required reserve ratio is 10 perce

nt. If the Federal Reserve raises the required reserve ratio to 15​ percent, then the bank will now have excess reserves of
A) $0
B) $2 million
C) $8 million
D) $10 million
Business
1 answer:
Mkey [24]3 years ago
3 0

Answer:

A) $0

Explanation:

with 100 million in checking account, and required reserve ratio in 10%

the bank need to hold 10 millions

IFthe Federal Reserve raises the required reserve ratio to 15% then it will need hold 15 millions

<u>This bank has none excess reserves</u>

You might be interested in
He people who promote innovations as part of the process of transmission are called? adopters. transmitters. innovators. entrepr
Alina [70]

The people who promote innovations as part of the process of transmission are called "Transmitters".

<h3>What do you mean by term Innovations?</h3>

An innovation refers to the action or process of changing/transforming something. It an be used to make a process more effective.

In business, innovation often results when ideas are applied by the company in order to further satisfy the needs and expectations of the customers.

Adding to it, the transmitters are those who are helpful in the process of transmission of something. Rest all options like A, C and D are incorrect.

Therefore, correct option is B.

Learn more about transmitters, refer to the link:

brainly.com/question/2084370

#SPJ4

6 0
1 year ago
A new brand of peanut butter cookies includes Hershey's Kisses chocolates on top. Which of the following is this new brand using
astra-53 [7]

Answer:

B) brand alliance

Explanation:

Firms with a limited reputation sometimes form a brand alliance with a reputable firm so as to gain from the quality associated with the known brand

4 0
3 years ago
What is capital vocation​
nalin [4]

Answer:

A vocation is an occupation to which a person is specially drawn or for which they are suited, trained, or qualified. And since it is capital vocation I guess you just tie that definition into your capital and how that would work for your capital. I hope this helps. It was kind of difficult to find the answer. :) I wish you the best of luck! If you need any more help just ask!

8 0
3 years ago
Which one of the following is NOT likely to be a result of deflation? Question 1 options: Menu costs will increase People will b
suter [353]

Answer:

Wealth will be redistributed from creditors to debtors

Explanation:

Deflation refers to the general fall in the price level of goods and services when rate of inflation becomes lesser than 0%.

Due to the fall in the price level, goods and services become cheaper, credit providers reduce the quantum of credit provided.

Fall in the prices leads to lower expenditure by the purchasers owing to lower level of confidence and such buyers delay their purchases.

Deflation increases the purchasing power of consumers since at the same level of income, buyers can now buy more compared to previously.

Hence, those who earn fixed pension observe an increase in the value of such pension.

8 0
2 years ago
oronado Company has the following account balances: Purchases $95600 Sales Returns and Allowances 12600 Purchase Discounts 8300
Vladimir79 [104]

The cost of goods purchased for the period is $90,000 having the required account balances .

<h3>Account balances </h3>

An account balance is the amount of money present in a financial repository, such as a savings or checking account, at any given moment. The account balance is always the net amount after factoring in all debits and credits. An account balance that falls below zero represents a net debt—for example, when there is an overdraft on a checking account. For financial accounts that have recurring bills, such as an electric bill or a mortgage, an account balance may also reflect an amount owed.

Learn more about account balance here :

brainly.com/question/23271078

#SPJ4

3 0
2 years ago
Other questions:
  • You decide that you need more information on how employees feel about diversity, so you create a paper and pencil survey on empl
    9·1 answer
  • Choate International plans to issue $15 million in 10-year bonds. They believe they can afford to pay $1,150,000 in interest to
    14·1 answer
  • The study of economics on a smaller scale is called
    11·1 answer
  • If monopolistic competitors must expect a process of entry and exit like perfectly competitive firms, Group of answer choices
    5·2 answers
  • Prepare the Budgets given the following information Budgeted sales are expected to be: January 200 Units February 300 Units Marc
    6·1 answer
  • Flagler Corporation takes eight hours to complete the setup process for a certain electrical component, with the setup cost aver
    14·1 answer
  • A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 50 per
    13·1 answer
  • intext:"A corporation issued 6,000 shares of its $2 par value common stock in exchange for land that has a market value of $84,0
    5·1 answer
  • Which task is most suitable for creating an algorithm?
    14·1 answer
  • The Duerr Company manufactures a single product. All raw materials used are traceable to specific units of product. Current info
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!