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mr Goodwill [35]
2 years ago
9

Suppose that a bank has ​$80 in checkable​ deposits, reserves of ​$15 ​, and a reserve requirement of​ 10%. Also assume that the

the bank suffers a ​$6 deposit outflow. If the bank chooses to borrow from the Fed to meet its reserve​ requirement, then the bank would need to borrow ​$nothing . ​(Round your response to the nearest two decimal​ place.)
Business
1 answer:
vazorg [7]2 years ago
8 0

Answer: See explanation

Explanation:

Based on the information given in the question, the amount of borrowing that's required will be:

= [ rr * ( D - O)] - (R-O)

where,

rr = reserve requirement = 10% = 0.1

D = checkable deposits = $80

R = reserves = $15

O = deposits outflow = $6

= [ 0.10 × ($80 - $6)] - ($15 - $6)

= [ 0.10 × $74 ] - $9

= $7.4 - $9

= -$1.60

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shutvik [7]

Answer:

$200,000

Explanation:

The computation of the gross margin is shown below:

As we know that

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= (800 units × $500 per unit) - (800 units × $250 per unit)

= $400,000 - $200,000

= $200,000

We simply applied the above formula so that the gross margin could come

And the other items which are mentioned in the question are to be ignored as they are not relevant

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3 years ago
Which of the following statements about renting & owning is CORRECT?
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6 0
2 years ago
Zahra is an employee at colorz inc. she loves gossiping about her colleagues during office hours, which causes her to receive a
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3 0
3 years ago
You are choosing between these four investments and you want to be​ 95% certain that you do not lose more than 8.00 % on your in
Ainat [17]

Answer:

Corporate Bonds and T-Bills will have return above 8%

Explanation:

given data

investments  = 4

investment = 8 %

solution

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and here  investment returns and standard deviation are attach so

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so here

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3 years ago
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