subject
Business, 17.04.2020 03:49 knighiv

Suppose that the legal reserve ratio set by the Fed is 10 % and that the Fair Bank in Fairdealing, Missouri initially has checkable deposit equal to $ 210 and a reserve account of $ 70 . A customer of Fair Bank deposits $ 100 into her checking account. Fair Bank loans 80 % of the deposit and places the rest in its reserves at the St. Louis Fed. For simplicity, assume the borrower received the loan as cash. How much does Fair Bank have in excess reserves after the deposit and loan?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
The following information relates to wagner, inc.: advertising costs $ 18 comma 600 administrative salaries 17 comma 800 delivery vehicle depreciation 1 comma 500 factory repair and maintenance 600 indirect labor 10 comma 000 indirect materials 18 comma 000 manufacturing equipment depreciation 3 comma 000 office rent 58 comma 000 president's salary 1 comma 100 sales revenue 600 comma 000 sales salary 5 comma 200 how much were wagner's period costs
Answers: 3
question
Business, 22.06.2019 10:30
Issued to the joint planning and execution community (jpec) initiates the development of coas; it also requests that the supported ccdr submit a commander's estimate of the situation with a recommended coa to resolve the situation (joint force command and staff participation in the joint operation planning and execution system, page 10)
Answers: 2
question
Business, 22.06.2019 11:40
In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a.esther lost her job and begins looking for a new one.b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work.c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.
Answers: 2
question
Business, 22.06.2019 20:00
Richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.
Answers: 3
You know the right answer?
Suppose that the legal reserve ratio set by the Fed is 10 % and that the Fair Bank in Fairdealing, M...
Questions
question
History, 18.12.2020 01:10
question
Mathematics, 18.12.2020 01:10
question
History, 18.12.2020 01:10
question
Advanced Placement (AP), 18.12.2020 01:10
question
Mathematics, 18.12.2020 01:10
question
Mathematics, 18.12.2020 01:10
question
Mathematics, 18.12.2020 01:10