Suppose the banks in the Federal Reserve System have $100 million in transactions accounts and the reserve requirement is 0.10. Ceteris paribus, if the reserve requirement is decreased to 0.07, then excess reserves will increase by ____________.

Answers

Answer 1
Answer:

Answer:

= $3 million

Explanation:

Banks are mandated by banking regulation to keep a percentage of their total deposit  and can lend the balance. This is called the required reserve

The amount by which the total deposit exceeds the required reserve is called the excess reserve

The required reserve = Transaction × reserve requirement

                                   = 0.10 × 100

                                  = $ 10 million

Excess reserve = Transaction account balance - required reserve

                        = 100 - 10 = $90 million

With a decrease in reserve ratio to 0.07,

Excess reserve = 100 - (0.07 ×100)

                         = $ 93 million

Increase in excess reserve = $ (93 - 90) million

                                            = $3 million

Answer 2
Answer:

Answer:

Excess reserve will increase by $3 million

Explanation:

In this secanrio the reserve requirement is 0.10 that is 0.10* 100 million= $10 million.

The excess reserve is 100 million- 10 million= $90 million.

When there is a required reserve reduction to 0.07 then the reserve will be 0.07* $100 million= $7 million.

The excess reserve will be $100 million- 7 million= $93 million

Therefore the increase in excess reserve is $93 million- $90 million= $3 million


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Municipal bonds are issued by ____.a. the federal government
b. major corporations
c. state, county, and city governments
d. small start-up companies

Answers

Answer: (C) State, county, and city governments

Explanation:

 The municipal bonds are basically issue by the state, city and the country government. We use the municipal bonds for various types of purposes such as money for building various schools, hospitals, highway and the sewer system.

Munis is the short abbreviation of the municipal bonds and it helps in financial way for the upcoming project. It helps in the development of the state and countries and the municipal bonds are mainly issue by the different types of government.

Therefore, Option (C) is correct.

C. state, county, and city governments

As the name would suggest, a
 municipal bond is a bond issued by a local government or territory.

What is an important step to take before entering your first data into yourdatabase?
O A. Reporting
O B. Querying
O C. Planning
O D. Sorting

Answers

Planning an important step to take before entering your first data into your database.

What is planning?

Planning involves a step by step approach to doing a thing. In data entering, creating a plan is the first step to entering data.The plan can be created in a separate sheet called the sap screen from where the processes are itemized.

Therefore, Planning an important step to take before entering your first data into your database.

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Before adding the first piece of data into your database, planning is a crucial step to do. As a result, choice (C) is the right one.

What is meant by an database?

In computing, a database is a structured collection of data that is accessible and stored electronically. In contrast to small databases, which may be stored on a file system, large databases are kept on computer clusters or in the cloud.

Data modeling, efficient data representation and storage, query languages, security and privacy of sensitive data, and distributed computing difficulties like concurrent access and fault tolerance are just a few examples of the pragmatic and formal aspects of database design.

The piece of software that interacts with the database itself, applications, and end users to gather and handle data is known as a database management system (DBMS).

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Need help in personal finance.

Answers

current market conditions

4.manager wants to give a pay rise to everyone who is paid less than the average salary.
This table shows the annual salaries of the employees in the company.
Employee
Salary (in £ thousands)
AJ
16
TM
23
WF
23
SW
22
MT
15.5
RD
18.5
JR
20
LS
23
PB
36
Tick all of the employees who are paid less than the median salary.​

Answers

Answer: AJ, MT, RD, Jr

Explanation:

Given the following data :

AJ - 16

TM - 23

WF - 23

SW - 22

MT - 15.5

RD - 18.5

Jr - 20

LS - 23

PB - 36

Median salary can be calculated thus :

Arranging salary in ascending order of Magnitude :

15.5, 16, 18.5, 20, 22, 23, 23, 23, 36 (£ thousand)

Meduan salary is the 5th figure in the arrangement = £22 thousand

Therefore, those earning less than the median salary are:

AJ, MT, RD, Jr

A student is interested in whetherstudents who study with music playing devote as much

attention to their studies as do students
who study under quiet conditions (he believes that

studying under quiet conditions leads
to better attention). He rando~ assigns participants


to either the music or no-music condition
and has them read and study the same passage

of information for the
same amount of time.


Subjects are given the same 10-item
test on the material. Their scores appear next. Scores on

the test represent interval-ratio
data and are normally_distributed.

Answers

I believe that the student who listens to music is just as devoted to its Work and makes you calmer and more relaxed and it does have more of a tendency to make you be focused as in the student who doesn't listen to music may distract him/her so either way it depends on whether they can focus and devote their time to actually working and being progressive

A good financial plan does not include an insurance plan.a. True
b. False User: A good financial plan does not include an insurance plan.
a. True
b. False User: Randy would like to set up a budget for a vacation he is taking next year. Which money management tool should Randy use?
printable graphs
spreadsheet
online banking
ExpensureTM

Answers

A good financial plan does not include an insurance plan. 
This statement it false. Insurance plans provide a person long-term benefits that are paid at present but can be used later in the future, especially for emergency purposes (e.g. health insurance).

If Randy would like to save his money for a vacation next year he must use an online banking account. This way he can easily track his transactions day-in and day-out to save up for his trip.