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3 years ago

13

An institutional client wishes to open an account at a brokerage firm, but wants the positions in the account held at a bank and

not by the broker. What type of account should be opened

1 answer:

Evgen [1.6K]3 years ago

7 0

Answer:

Delivery versus payment account is the correct answer.

Explanation:

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When banks have less money in required reserves they lend more money out to people and business. So Lower reserves usually help

RideAnS [48]

Answer:

Lower reserves increase the money supply in the economy.

Banks can either keep deposits in reserves or give them out as loans.

the lower the reserve ratio, the higher the money multiplier and the higher the money supply.

Lowering the reserves can be a form of expansionary monetary policy

Explanation:

Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.

If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out

Increase in the total value of checkable deposit is determined by the money multiplier

Money multiplier = 1 / reserve requirement

Increase in value of total deposit = amount deposited / reserve requirement

Assume 100 is deposited in a bank and the reserve requirement is 10%

Increase in value of total deposit = 100 / 0.1 = 1000

Imagine that the reserve is reduced to 5%

Increase in value of total deposit = 100 / 0.05 = 2000

reducing the reserve requirement increased the value of total deposit and thus the money supply in the economy

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3 years ago

Building Big Box is a home improvement store based in Kansas and has been responsible for introducing some of the most innovativ

lara [203]

Answer: Finance

Explanation:

The functional area that will be responsible for securing the necessary funding for the expansion is the finance department.

The finance department refers to the department in an organization which is responsible for funds acquisition, funds management and planning for the expenditures on assets.

Since the company is expanding operations by building another facility in Canada, the finance department will provide the funds.

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3 years ago

A company had inventory on November 1 of 5 units at a cost of $20 each. On November 2, they purchased 10 units at $22 each. On N

elixir [45]

Answer: A $304

Explanation: LIFO means last in first out. It means it is the older inventory that is sold off first.

On November 1, total value of inventory = $20 × 5 =$100

On November 2, total value of inventory = $100 + ( $22 × 10) = $320

On November 6, total value of inventory = $320 +($25×6) = $470

On November 8, 8 units of inventory was sold. This would be taken from the older stock of inventory. These inventories are the those from November 1 and 2.

The remaining inventory after the sale = (7 × 22) + 150 = $304

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3 years ago

Monique involves her staff as much as possible in decisions that affect guest services at the brainbook hotel. many of her emplo

masya89 [10]

Thank u so much guys

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3 years ago

The general pattern that consumption of the first few units of any good tends to bring a higher level of utility to a person tha

spin [16.1K]

Answer:

Law of Diminishing Marginal Utility

Explanation:

The Law Of Diminishing Marginal Utility states that all things being equal as consumption rises the marginal utility derived from additional unit of consumption falls.

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3 years ago