The quantity of the $1,000 deposit is the bank required to keep in reserves is 20%.
<h3>What is a reserve deposit?</h3>
A reservable deposit would be any bank deposit subject to bank reserves established by the Federal Reserve Bank of the United States.
Some key features of reserve deposit are-
- Through the mechanism of fractional reserve banking, such a deposit could be used in part as a loan.
- The remaining portion, as established by the Fed's bank reserves, must be kept by bank & made available for prompt withdrawal upon request.
- A reservable bank is a banks deposit that is subject to the reserve requirement guidelines of the Federal Reserve.
- Transaction (checking) savings account, savings accounts, as well as non-personal time deposits are all examples of reservable deposits.
- Sweep accounts, often known as money market funds, is non-reservable deposit account that generate a greater rate of interest than reservable deposit accounts.
To know more about the reservable deposit, here
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Answer:
Telecommuting
Explanation:
Telecommuting is when employees work outside of their organization. In this type of work arrangement, employees work remotely and are connected to their organization platform through technology applications such as zoom, slack etc.
Although, workers may visit their workplace occasionally for meetings that requires physical presence , their main duties are carried out away from their workplace.
The complete question should be:
If a radio station holds an online contest in which you must log in to its website and submit personal details such as name, phone number, and e-mail in order to participate, the radio station is:
A.) Offering an exchange.
B.) Hoping to receive feedback.
C.) Overstepping its role.
D.) Implementing a CRM program.
E.) Behaving unethically.
Answer: Offering an exchange.
Explanation:
The radio station is giving their users an offer in the form of an exchange, where a prize is to be won in exchange for personal data submitted by their users. An exchange takes place between two or more individuals, where each individual gives away an item to receive another.
Answer:
The futures price of the pound for a one-year contract be to prevent arbitrage opportunities would be $1.63/BP.
Explanation:
In order to calculate the the futures price of the pound for a one-year contract be to prevent arbitrage opportunities we would have to make the following calculation:
futures price of the pound for a one-year contract=Spot rate*(1+United Kingdom risk free rate)/(1+United States risk free rate)
futures price of the pound for a one-year contract=$1.60/BP*(1+6%)/(1+4%)
futures price of the pound for a one-year contract=$1.63/BP
The futures price of the pound for a one-year contract be to prevent arbitrage opportunities would be $1.63/BP.
Answer:
a. decreased by 4%
Explanation:
In 2011 modern electronics produce 60,000 calculators, employing 80 workers, each of whom worked 8 hours per day. In 2012, the same firm produce 76,500 calculators, employing 85 workers, each of whom worked 10 hours per day. Productivity at Modern Electronic increased by
In 2011 - 60,000 / (80 x 8) = 93.75 units per hour
In 2012 - 76,500 / (85 x 10) = 90 units per hour
(93.75 - 90) / 93.75 = 4% decrease
