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Lena [83]
3 years ago
13

When Federal Reserve Banks purchase government from commercial banks, they increase the reserves in the banking system, which th

en increases the lending ability of the commercial banks.
Business
1 answer:
Arte-miy333 [17]3 years ago
4 0

When Federal reserve banks purchase government securities from commercial banks, they increase the reserves in the banking system and they also increase the lending ability of the commercial banks.

If the Federal reserves want to increase the reserves, what they do is to buy securities. They then make a deposit to the account held at the commercial bank.

An example is if the Feds should buy securities of 1000 dollars, the bank would be having an excess of 1000 dollars to lend.

Read more on brainly.com/question/13068941?referrer=searchResults

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Ede4ka [16]

Answer:

Explanation:

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6 0
3 years ago
In the month of June, a department had 20,000 units in beginning work in process that were 70% complete. During June, 90,000 uni
fgiga [73]

Answer:

100,000 units

Explanation:

The computation of the transferred out units of the process is shown below:

= Transferred units × percentage of completion + ending work in process inventory units × percentage of completion

= 90,000 units × 100% + 10,000 units × 100%

= 90,000 units + 10,000 units

= 100,000 units

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3 0
4 years ago
Washington has an extensive collection of baseball cards. He wants to know how much his mint condition, rookie-year Hank Aaron c
Anit [1.1K]

<u>Explanation:</u>

It is recommended by some to determine a card's current market value of by determining whether the card has been professionally graded by the Professional Sports Authenticator, if yes, then one can check up the value on the Sports Market Report (SMR).

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7 0
3 years ago
For the budget period ending December 31 of the current year, Aaron Corporation estimates its ending balances for cash as $4,000
jek_recluse [69]

Answer:

The amount of total current assets that will be reported on the budgeted balance sheet is $40,000.

Explanation:

Total current assets

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= $4,000 + $16,000 + $12,000 + $8,000

= $40,000

Therefore, The amount of total current assets that will be reported on the budgeted balance sheet is $40,000.

3 0
4 years ago
Ruth wants to calculate the present value of a sum of money that she will receive after the demise of her grandparents. to calcu
MatroZZZ [7]
To calculate the present value. she should use the DISCOUNTING METHOD.
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7 0
3 years ago
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