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qwelly [4]
3 years ago
11

Suppose banks keep no excess reserves and that all banks are currently meeting the reserve requirement. The Federal Reserve then

makes an open market purchase of ​$ from Bank 1. Use the​ T-account below to show the result of this transaction for Bank​ 1, assuming Bank 1 keeps no excess reserves after the transaction. Bank​ 1's Account Assets Liabilities Reserves Deposits Loans Securities
Business
1 answer:
ANTONII [103]3 years ago
6 0

Answer:

1. Assets is debited for $10,000 as loans.

2. Liabilities is credited for $10,000 as deposits.

Explanation:

Note: This question is not complete as the amount is omitted. The complete question is therefore presented before answering the question as follows:

Suppose banks keep no excess reserves and that all banks are currently meeting the reserve requirement. The Federal Reserve then makes an open market purchase of ​$10000 from Bank 1.

Use the​ T-account below to show the result of this transaction for Bank​ 1, assuming Bank 1 keeps no excess reserves after the transaction.

The explanation of the answer is now given as follows:

Note: See the attached photo for Bank 1's T-Account.

In the attached photo, we can see that:

1. Assets is debited for $10,000 as loans.

2. Liabilities is credited for $10,000 as deposits.

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A frequently used form of overdraft protection is A. when a merchant refuses to accept checks and therefore never has any checks
NemiM [27]
I would most likely go with C, overdraft protection lets you take money out that you don't have, it is normally a $35 dollar fee though
6 0
3 years ago
What might be considered an example of a ruthless business tactic?
guajiro [1.7K]

Answer:

Denying your competition with the resources it needs to perform a deal and then getting the deal for your own company.

Explanation:

Ruthless is defined as having no pity or compassion. A ruthless business man is commonly described as taking advantage of others and engage in corrupt business practices.

The perfect example for a ruthless business man was John Rockefeller, who started wars in different continents, bribed government officials, and cheated on competing oil firms, etc.,etc.,etc.

5 0
3 years ago
Consider the production possibilities frontier model for an economy that produces only two goods: barley and cars.
Alex17521 [72]

Answer:

Production Possibilities Frontier

Explanation:

In a theoretical economy, the production possibilities frontier, is the curve that shows the  combination of goods produced (barley and cars) by an economy given a limited resource. Furthermore the more goods (barley) is produced, the less cars are produced. Thus, for every additional barley's produced, there's an opportunity cost of cars.

7 0
3 years ago
You are bullish on Telecom stock. The current market price is $48 per share, and you have $9,600 of your own to invest. You borr
Gekata [30.6K]

Answer: 7%

Explanation:

The following can be deduced.from the question:

Loan amount = $9,600

Equity = $9,600

Market price = $48 per share

Total investment = $19,200

Growth of Investment = 5%.

We then calculate value of the investment in a year. This.will be:

= 19,200 × 1.05

= $20,160

Interest on the loan would be:

= $9,600 * 0.03

= $288

Therefore, rate of return will be:

= (20,160 - 9,600 - 288)/9,600 - 1

= 0.07 = 7%

8 0
3 years ago
Overzealous pursuit of wealth, pressure to exceed performance standards, and a culture that values profits more than ethical beh
Licemer1 [7]

Answer:

are the primary causes of the majority of unethical business behaviors.

Explanation:

An ethic can be defined as a set of both written and unwritten principles, values or rules of moral conduct that guides (governs) human behaviors. It's a reflection that is typically based on identifying what is good or bad, right or wrong and just or unjust with respect to human behaviors.

Ethical issues are mostly complicated for businesses that operate in the global economy because different cultures have different norms and values.

Generally, some of the fundamental cause of unethical business behaviors across the world are;

I. Overzealous pursuit of wealth

II. Undue pressure on employees or the management to exceed performance standards.

III. A culture that values profits more than ethical behavior.

An ethical climate can be defined as a collection of behaviors that are considered to be acceptable and correct within an organization or business firm. Also, an ethical climate provides the human resources management of an organization with a framework or benchmark on how employee behavioral issues or ethical problems are to be managed or handled within the organization.

Thus, an organization with a strong ethical climate is generally considered to have an effective, conducive, just and optimum working standards for its employees and as such would significantly increase employee trust and commitment.

3 0
2 years ago
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