Business, 26.11.2019 02:31 ultimatesaiyan
Suppose the money supply (as measured by checkable deposits) is currently $900 billion. the required reserve ratio is 30%. banks hold $270 billion in reserves, so there are no excess reserves.
the federal reserve ("the fed") wants to increase the money supply by $10 billion, to $910 billion. it could do this through open-market operations or by changing the required reserve ratio. assume for this question that you can use the simple money multiplier.
if the fed wants to increase the money supply using open-market operations, it should (buy/sell) billion worth of u. s. government bonds.
if the fed wants to increase the money supply by adjusting the required reserve ratio, it should (increase/decrease) the required reserve ratio.
Answers: 3
Business, 21.06.2019 22:00
When slick heating company switched to an activity based costing system, it realized that it was allocating a much lower percentage of factory overhead to a product line that the marketing department was trying to push. the product line may contain which type of products?
Answers: 2
Business, 22.06.2019 09:40
As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?
Answers: 3
Business, 22.06.2019 11:10
Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? β’ agi: $80,000 β’ medical and dental expenses: $9,000 β’ state income taxes: $3,500 β’ mortgage interest: $9,500 β’ charitable contributions: $1,000.
Answers: 1
Suppose the money supply (as measured by checkable deposits) is currently $900 billion. the required...
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