Business, 30.03.2020 22:53 ingle75

In June 2018, individuals and businesses held: bullet $50 billion in currency and no traveler's checks bullet $1,000 billion in checkable deposits bullet $5,000 billion in savings deposits bullet $500 billion in time deposits bullet $250 billion in money market funds and other In June 2018, banks held: bullet $450 billion in currency bullet $100 billion in reserves at the central bank bullet $800 billion in loans to households and businesses. Using the information mentioned above, answer the following questions. Calculate the M1 and M2 measures of money. Calculate the monetary based. What are the currency drain ratio and the banks’ reserve ratio? What are the M1 and M2 money multipliers? How is the money multiplier influenced by the banks’ reserve ration?

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 17:40

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is:

Answers: 1

Answer

Business, 23.06.2019 03:50

John is a journalist he went to a product demonstration for a new computer some of what he heard was informative while the rest was meant to persuade consumers to buy the product which two statements in the excerpt are persuasive rather than informative

Answers: 2

Answer

Business, 23.06.2019 07:30

Which of the following commission structures creates sales people who are highly motivated to close a sales,because their entire income depends on it?

Answers: 1

Answer

Business, 23.06.2019 14:30

How can improving one’s reasoning skills also improve one’s performance on the job? if one can improve one’s reasoning, one can also improve one’s physical fitness and athletic performance. if one can improve one’s reasoning, one can perform anything. high-performing workers always work reasonable schedules. high-performing workers are able to analyze sophisticated streams of data and solve complex problems.

Answers: 2

Answer

You know the right answer?

In June 2018, individuals and businesses held: bullet $50 billion in currency and no traveler's chec...

Questions