Fractional reserve banking is a term used to describe a banking system whereby a. banks hold reserves equal to only a fraction of their deposit liabilities. b. banks hold reserves equal to a multiple of their deposit liabilities; that is, fractional in this case really means multiple. c. individual banks share a fraction of the total funds deposited in the whole banking system. d. banks are required to quote interest rates in fractions. e. banks are required to maintain a certain fraction of their deposits in the form of checkable deposits, a certain fraction of their deposits in the form of savings deposits, etc.

Answers

Answer 1

Answer:

a. banks hold reserves equal to only a fraction of their deposit liabilities.

Explanation:

The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.

Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.

Like all central banks, the Federal Reserve is a government agency that is saddled with the following responsibilities;

I. The Fed controls the issuance of currency in United States of America: it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.

II. It provides banking services to all the commercial banks in the country because the Federal Reserve is the "lender of last resort."

III. It regulates banking activities in the United States of America: it has the power to supervise and regulate banks.

In the banking system, fractional reserve banking describes a situation in which a depository financial institution such as a bank, hold an amount of reserves that is typically equal to only a fraction of its deposit liabilities.


Related Questions

An entity enters into a contract with a customer to sell products X, Y, and Z in exchange for $250,000. Control over the products will be transferred to the customer at different points in time. The entity determines that the delivery of each product is a distinct performance obligation. Products X and Y are regularly sold separately and their standalone selling prices of $40,000 and $120,000, respectively, are directly observable. The standalone selling price of product Z of $160,000 was estimated using the adjusted market assessment approach. The entity determined that the discount provided to the customer does not relate to one or more specific products in the contract. What revenue will be recognized by the entity on the sale of product X

Answers

Answer:

B. $31,250

Explanation:

The computation of the revenue that should be recognized by the entity on the sale of product X is shown below;

Here the transaction price should be distributed to the performance obligations.

The sum of the standalone selling price is

= $40,000 + $120,000 + $160,000

= $320,000

And, the standalone selling price is $40,000

Now the revenue that should be recognized is

= $40,000 ÷ $320,000 × $250,000

= $31,250

Suppose a worker made 4.25/ hour in 1993. How much is this worth today if the CPI in 1993 was 132 and today it is 237?

Answers

The answer Is 369

Yes that Is the answer

HELP PLZ NO DOWNLOADS OR LINKS IT WILL BE REPORTED AND ANY UNHELPFUL ANSWERS

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far left = top left

middle left = top right

left middle = bottom right

far left = bottom left

Brainliest-
How any two stakeholders affect the quality of toyota's products?​

Answers

Answer:

The company's brand value, human resource skills, and financial soundness are all influenced by these stakeholders. It affects toyota's quality products to be either better or worse.

Regina is looking to start a knitting business and completes a target profile to include in her business plan. Identify which item in her target market profile is in the wrong category and where it should be moved. ​

Answers

Answer:

geographic information

BRAINLIEST 30 point for correct answer........ if wrong or crazY will flag and have someone remove your answer please don't just pick one


Most organizations expect their _____ to abide by AUPs.
students
employees
employers
costomers

Answers

most organizations expect their employees to abide by AUPs.

Most organizations expect their employees to abide by the acceptable use policy (AUPs). therefore, Option B is the correct statement.

What is the acceptable use policy (AUP)?

A user must consent to certain rules and procedures in order to use a corporate network, the internet, or other resources, according to an acceptable usage policy (AUP).

Before receiving a network ID, many companies and educational institutions demand that employees or students sign an AUP.

Therefore, Most organizations expect their employees to abide by the acceptable use policy (AUPs). Option B is the correct statement.

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In the chapter about owning versus leasing, one set of examples compares the cost of owning versus the cost of leasing for Southside Clinic, a not-for-profift organization. The net advantage to owning (versus leasing) for Southside amounted to $676. The difference between the two methods of financing: A) is so small that it might be disregarded. B) may be considered as a nearly neutral comparison between the two methods. C) is so small that it might be disregarded and may be considered as a nearly neutral comparison between the two methods. D) None of these is correct

Answers

Answer:

The correct answer is D) None of the above options are correct.

Explanation:

In making a decision about whether to own or lease a property, if the cost of ownership is only slightly higher than leasing, financial intelligence requires that the company, or business or entity or person checks to see if the property is an income is generating one.

If yes, then it's should be considered for purchase

If the asset is not income-generating but plugs a cost leakage, it can also be considered if the value can appreciate in value.

It only becomes advisable to lease the assets if:

the cost of purchasing the property far outweighs the cost of leasing as well as the current capacity of the Clinic;It's an assets that is non-income generatingIf it's a non-income generating asset that attracts lots of taxes etc.

Cheers

Which of the following collect and evaluate career outlook information:
state departments of education

Internal Revenue Service

U.S. Department of Labor

colleges and universities

Answers

Don’t fall for the links love!

Answer:

U.S. Department of Labor

state departments of education

colleges and universities

Explanation:

PLS ANSWER

The unit discusses the word ‘holistic’ in relation to childbirth. Can you think of any other areas of health and wellness that might have holistic approaches? Why might someone want to try a holistic approach?

Answers

Answer:

The word Holistic means to realize and observes any social behaviors in patients and how they see themselves, along with the treatment they may need. A holistic approach may be needed in a situation where a patient needs both mental and physical treatment.

Explanation:

This was just my answer for the assignment. Please rephrase and reword it if you are going to use it.

Hope this helps!

Mr. White sends his acceptance for a business contract to Mr. Green. But Mr. White put insufficient postage on the envelope. One day later, Mr. Green revokes the offer through the mail. Mr. White, upon receipt of the undelivered acceptance, overnighted the acceptance letter to Mr. Green. The overnighted acceptance letter reaches Mr. Green before the revocation letter reached Mr. White. If a court finds that the UCC rule applies, a valid acceptance occurred and a contract was created between Mr. White and Mr. Green.True or False

Answers

Answer: True

Explanation:

In business, terms of agreement which is concluded earlier stands a better chance to stand over decisions taken at the later moment.

The means of communication here affected how the communication went. They both used mail postage but that which were initially agreed would stand over that which is being cancelled later.

plsss help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

either B or D

Explanation:

I hope this helps. have a nice day

Either d or b
Have a great day n drink water :))

Great Landscapes Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various aged categories of accounts. The Great Landscapes Company computes a total of $3,600 in estimated doubtful accounts as of December 31, 2019. Its Accounts Receivable account has a balance of $112,800 and its Allowance for Doubtful Accounts has a credit balance of $600 before adjustment at December 31, 2019. How much bad debts expense will Great Landscapes report in 2019

Answers

Answer:

$3,000

Explanation:

Calculation to determine How much bad debts expense will Great Landscapes report in 2019

Using this formula

2019 bad debts expense =Estimated doubtful accounts-Allowance for Doubtful Accounts has a credit balance

Let plug in the formula

Bad debts expense=$3,600-$600

Bad debts expense=$3,000

Therefore The Amount of bad debts expense that Great Landscapes will report in 2019 is $3,000

​Siri, who is driving her​ automobile, is injured when another driver negligently causes an automobile accident. Siri hires a lawyer to represent her on a 35 percent​ contingency-fee basis. If the lawyer wins the case for Siri or settles the case with​ Siri's approval, he will earn 35 percent of whatever is collected from the defendant. If the lawyer does not win or settle the​ lawsuit, he gets paid nothing. The agent can recover this amount from the principal because of the duty to​ _______.

Answers

Answer:

to compensate

Explanation:

A large part of the Communication and Information Technology career clusters probably didn’t exist 100 years ago—which parts in particular and why?

Answers

Answer:

In the Communication and Information Technology you have to have, well, Technology. 100 years ago we didn't have the Tech we have today so that career hadn't existed back then.

Explanation:

This was just my answer for the assignment. Please change the wording and phrasing of the answer.

Hope this helps!

A career relating to Communication and Information Technology hadn't existed 100 years before as the technology we are having today was not there previously.

What is technology?

Technology refers to the process of applying scientific knowledge for industrial purposes.

In ancient times, the technology was not there which is currently having in the world today. There is a presence of digital devices like smartphones, computers, laptops, cameras, etc. which makes most of the work very easier. The electronic gadgets take seconds to minutes for performing any task. There are many professionals who are educated and qualified in the field of Communication and Information Technology.

Therefore, the increased need for technology created a career in Communication and Information Technology.

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In Virginia, government agencies that address market failures include the Attorney General,
the Department of Labor, and the Department of Environmental Quality. true or false ?

Answers

Answer:

The answer is False.

Explanation:

The office of the Attorney General in Virginia primarily responsible for attending to matters of the state such as:

Representing the governor and the state in legal matters; Consulting for members of the Virginia General Assembly (VGA) and local government officials Acting as the defense counsel in legal suits filed against the stateDefending the constitution of the state

The department of Labour on the other hand is tasked with the following mission to position Virginia as a conducive place to live work or run a business. It tries to achieve this by adopting and promoting international best practices.

Department of Environment of course is focused on ensuring that companies and individuals uphold the law in relation to the environment.

Managing the stability of inflation, employment and interest rates by the use of monetary policies.

Cheers

The Penguin Company uses standard costs. Their standards specify .5 direct labor hours per unit of product. Variable overhead is allocated based on direct labor hours. Beginning of the year, static budget standards: Budgeted production volume in units 7,000 Budgeted variable overhead costs $23,000 Budgeted direct labor hours 600 At the end of the year, actual data is: Production Volume in units 6,800 Actual variable overhead costs $20,000 Actual direct labor hours 550 1. What is the variable overhead standard cost per DIRECT LABOR HOUR

Answers

Answer:

Variable overheads   standard cost per direct labour hour =$38.3

Explanation:

Where overheads are charged to products using direct labour hours, an overheads absorption rate is computed  as follows:

Variable overheads absorption rate= Budgeted variable overheads/Budgeted direct labour hours

= $23,000/600 hours= $38.3

Variable overheads   standard cost per direct labour hour =$38.3

This picture clicked by me
How's it​

Answers

Answer:

This is absolutely stunning.

Explanation:

I love photography too so this really strikes me. It's well taken, love the softness of it and the clarity of the water. Good job! I'm gonna take a screenshot if you don't mind

What did you take it with?

Monty loaned his friend Ned $12,000 three years ago. Ned signed a note and made payments on the loan. Last year, when the remaining balance was $9,000, Ned filed for bankruptcy and notified Monty that he would be unable to pay the balance on the loan. Monty treated the $9,000 as a nonbusiness bad debt. Last year, before considering the tax implications of the nonbusiness bad debt, Monty had capital gains of $3,600 and taxable income of $33,250. During the current year, Ned paid Monty $8,100 in satisfaction of the debt.

Determine Monty's tax treatment for the $8,100 received in the current year.

The nonbusiness bad debt of $9,000 would have been reported as a short-term capital loss , and $_________ would be included in Monty's gross income.

Answers

Answer:

$ 6,600

Explanation:

Monty should [tex]$\text{includ}$[/tex]e up to [tex]$\$ 8,100$[/tex] in the gross account but to an extent of the tax benefit in the previous year. Since the debt is a non-business debt, the amount of [tex]$\$ 9,000$[/tex] would be reported as the short term business capital loss.

In the previous year, Monty had a capital gain of [tex]$\$ 3,600$[/tex] and [tex]$\$33,250$[/tex] as taxable income.

Therefore, $ 3,600 + $ 3,000 = $ 6,600

So $ 6,600 out of $ 9,000 loss produced the tax benefit. Therefore, only [tex]$\$6,000$[/tex] can be included in the gross income of Monty for this year.

Which of the following is likely to happen if you climb the career ladder?
A. You will need to consider a different career path.
B. You will make a lateral move within your corporation.
C. Your income will increase.
D. Your income will decrease.

Answers

You will make a lateral move within your corporation of the following is likely to happen if you climb the career ladder. The correct option is B.

Why is the career ladder important?

The purpose of a career ladder is to formally advance a staff member to a higher level of job responsibility within his or her current position. No competitive hiring process is required because the employee and manager collaborate to gradually move up to a higher level of responsibility.

The typical path to climbing the corporate ladder involves excelling at your current position where a manager will recognize your abilities and promote you. Promotions are one way to climb the corporate ladder for an individual. They may also be hired at a higher level by a different business.

Thus, the ideal selection is option B.

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Workforce diversity is decreasing.
True
False

Answers

Answer:

false

Explanation:

hope it helps you have a good day

Answer: b. False

Explanation:

The US workforce diversity is NOT decreasing.

Over the next six years, the population will become more diverse in virtually all demographic groups, according to the Bureau of Labor Statistics. Women's labor-force participation will rise from 46.8 percent in 2014 to 47.2 percent in 2024.

The explanation for a downsloping aggregate demand curve differs from the explanation for the downsloping demand curve for a single product because multiple choice 2 a downsloping, single-product demand curve assumes constant prices such that changes in income cause a substitution of a now relatively cheaper product for those whose prices have not changed. a downsloping aggregate demand curve assumes constant money income such that a lower price causes a substitution of the now relatively cheaper product for those whose prices have not changed. a downsloping aggregate demand curve assumes constant prices such that changes in income cause a substitution of a now relatively cheaper product for those whose prices have not changed. a downsloping, single-product demand curve assumes constant money income such that a lower price causes a substitution of the now relatively cheaper product for those whose prices have not changed.

Answers

Answer:

single-product demand curve assumes constant money income such that a lower price causes a substitution of the now relatively cheaper product for those whose prices have not changed.

Explanation:

When the aggregate demand curve i.e. downward sloping would be different to the demand curve for the single product i.e. also downward sloping is due to as the single product demand curve would assume that the income would be constant in such a way the less price would lead a substitution that the product is not expensive at all

So the above would be the reason  

what are some of the rights that must be protected for a free enterprise system to work?

Answers

Answer:

What are some of the rights that must be protected for a free enterprise system to work? Right to private property, right to exchange property, open opportunity, legal equality, and free contract.

Explanation:

Hope it helps, correct me if I am wrong!

I'm sure about my answer!

Kirk McCoy is district sales manager for the Jimmy Dean division

Lee Corp. He has six sales managers that report to him. McCoy

most of the decisions for his people and demands that they check

him on any changes in pricing, sales scheduling and routing, and

presentation material. McCoy operates a department.

Answers

Answer: centralized

Explanation:

Based on the information given in the question, we can infer that McCoy operates a centralized department.

This is a centralized department because McCoy takes the decisions in the organization. In a centralized department, the organizational structure is such that the power regarding the decision is confined to top management, while the followers just follow the instructions

How do property right benefit entrepeneurs?

Answers

Answer:

Through allowing themselves to buy resources and spend them accordingly.

Explanation:

Properties law provides full authority for merchants or developers with possession of such resources or properties.However, once the property has been enforced upon that estate, all persons besides just their owners haven't even the ability to access the property without any of the consent of their heirs.

Thus the above is the correct approach.

An advantage of small claims court is that the filing fees are fairly reasonable and a person can represent himself, thereby saving additional money.
O True
O False

Answers

True don’t know if thanks enough

Small claims courts are advantageous because filing fees are reasonable so this is True.

What are some characteristics of small claim courts?

Small claim courts are the courts that deal with monetary grievances that are not very large.

For this reason, the person filing the claim does not have to pay too much, and they can also represent themselves to reduce costs.

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1. Which of the following is a merchant fee?
a. Balance transfer fee
b. Daily batch fee
c. Expedited card replacement fee
d. Returned payment fee

Answers

Answer:

CCCCCCCCCCCCCCCCCC

Explanation:

trust

write a letter to your father asking for money to buy textbooks and pay for your school fees​

Answers

Answer:

pay

Explanation:

Daniels Inc. has a multidivisional structure. Out of the four divisions Daniels Inc. has, the electronics division failed to meet the performance targets while the insurance division performed better than the performance targets. The last two divisions, automobile and retailing, have both met the performance targets. Daniels Inc.'s top executives are trying to decide how to allocate capital for the next calendar year. Which of the below scenarios is most likely to happen?A. The insurance division will get the highest capital allocation as this division has the best potential to generate more shareholder value. B. All divisions will receive the same capital allocation since this type of organizational structure is aimed at rewarding divisional managers based on achievement of strategic goals rather than financial goals. C. The electronics division will get the highest capital allocation to ensure the division fixes its performance issues and reach its performance goals. D. The automobile and retailing divisions will receive the highest allocation as their performance exactly matched the performance goals set by the corporate headquarters. right answer only

Answers

Answer:

B

Explanation:

#carry on learninggggg

An appraiser has selected a comparable sale that recently sold 85,000 inclusion in an appraisal. The comparabte has bedrooms, bath and a fireplace. The subject property has 3 bedrooms, 2 baths, and no fireplaceAnalysis by the appraiser indicates a bathroom is worth $2,500 and fireplace is worth \$1,200 . What the adjusted sales price of the comparable property?

Answers

Answer:

$86,300

Explanation:

The computation of the adjusted sales price of the comparable property is shown below:

= Sale value + worth of the bathroom - worth of the fireplace

= $85,000 + $2,500 - $1,200

= $86,300

We simply added the worth of the bathroom and deduct the worth of the fireplace to the sale value so that the  adjusted sales price of the comparable property could come

Select the best answer in each drop-down list.

Your boss is pointing out your mistakes on your last assignment. You should
.

You and a coworker are having a disagreement about how to handle a project. You should
.

You’ve reached an agreement with a coworker on how to resolve the problem. You should now
.

You need to give constructive criticism to a coworker you don't really like. You should

Answers

Answer:

1

2

3

2

Explanation:

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Rita is the manager of a large multinational company. Her work involves frequent traveling, meeting clients, and handling a large team of engineers. Her diet mainly includes meat and dietary products. She had recently suffered a mild heart attack. Her doctor tells her that her body is taking a toll on itself due to her sedentary lifestyle. Her doctor is most likely to suggest that she must exercise and completely avoid ________. A. monounsaturated fats B. polyunsaturated fats C. saturated fats D. omega-3 fats what is 1 1/3 times 1 3/4 T-T 1. Review the DNA article and interactive in the lesson.2. Write a paragraph of at least five complete sentences that answers the following questions:What are the advantages and disadvantages of each medium used for the DNA information?Why can it be helpful to present ideas in more than one medium?Which medium did you like better and why?Which medium do you feel taught you the information better and why?How do your answers compare with those of your classmates based on the poll results? Based on your observations of the orbits of the Moon, Earth, and Venus, how does the radius of an orbit relate to the average speed of the orbiting body? What is the quotient of the fractions below? 2/3 divided by 5/4A. 5/6B. 6/5 C. 15/8 D. 8/15 Hurryyy!!! Write script for a play about an imag-inary meeting between MartinLuther and John Calvin. Thinkabout what the two men mayhave discussed concerningtheir beliefs and how theydiffered. Fill in the sentences with the correct terms. cell provides data to another cell. cell relies on the value of another cell. I need help please :) During 2022, Tamarisk, Inc. reported cash provided by operations of $826000, cash used in investing of $713000, and cash used in financing of $198000. In addition, cash spent on fixed assets during the period was $287000. Average current liabilities were $676000 and average total liabilities were $1785000. No dividends were paid. Based on this information, what was Tamarisk free cash flow? ($628000). $539000. ($150000). $113000. composition about my favorite sport in french He exponential model describes the population, A, of a country in millions, t years after 2003. Use the model to determine the population of the country in 2003. The population of the country in 2003 was nothing million. What did Cicero argue for to repair the damaged republic?Group of answer choicesmaking the Senate and army strongerreducing the armys powers and restoring the system of checks and balancesgiving slaves and plebeians more power and taking land from the richstarting a civil war to take power from the Senate Jade buys a blouse and a skirt for 34 of their original price. She pays a total of $31.50 for the two items. If the original price of the blouse is $18, what is the original price of the skirt?Part AWhich equation represents the situation? 0.75s = 31.50 34(18s) = 31.50 0.75(s + 31.50) = 18 34(18 + s) = 31.50Part BUse the Distributive Property to solve the equation.Enter your answer in the box.$ Ron used 24 cubes to make this 3-step staircase. If he uses a total of 84 cubes to make a similar staircase, how many steps will the staircase have? Think of using objects to solve this problem Alicia es la hermana de mi padre. ________ hermana es _________ tia alicia.Pls help! Due by 11:59no links Exam InstructionsQuestion 9 of 20 :Select the best answer for the question9. Outlining and mapping are two ways of organizing your ideas during thestage of the writing process.O A. draftingB. planningO C. revisingO D. editingMark for review (Will be highlighted on the review page)Type here to searchOeED 9. Mr. Smith went skiing in Maine last weekend. He traveled 523 kilometers to Sugarloaf fromLeominster. His average speed was 109 km/hr. How long did it take Mr. Smith to hit the slopes? The Great Gatsby Chapter 59. He hadnt ceased looking at Daisy and I think he revalued everything in his house according to the measure of response it drew from her well-loved eyes. What does this mean? Which of the following problems are likely to be encountered in distribution?i) Spoilage of goodsii) Inadequate warehousingiii) Ineffective communication A b c d ?Help please