Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The balance sheet of a bank follows. Suppose that the reserve requirement is 3 percent on the first 30 million of checkable deposits and 10 percent on checkable deposits in excess of 30 million. Assets: Rerserves $15.9 Loans $150.0 Securities $34.1 Total $200.00 Liabilities and Capital: Transaction deposits $180.0 Equity Capital $20.0 Total $200.0
A) Calculate the banks excess reserves
B) Suppose that the bank sells $5 million in securities to get new cash. Show the banks balance sheet after this transaction. What are the banks excess reserves.
C) Suppose that a bank makes a loanto a customer equal to the amount of its excess reserves from part b. Show the banks balance sheet before the customer spends the proceeds of the loan. What are the banks excess reserves?
D) Now suppose that the customer spends the proceeds of the loan. Show the banks balance sheet, and calculate its excess reserves
When the more current observations are more relevant to estimate of next period than previous observations, the naive forecasting method to employ is
In March of year 0, Molly begins building a barn that she will use for a horse stable business. This barn costs $43,000 plus $7,000 for earthwork to make it usable, and is placed into service in May of year 0. She also buys a tractor for this busines..
A spike in the unemployment rate-the biggest in more than 2 decades-raised new concerns Friday that a weak labor outlook, high oil prices and continuing woes in the housing & credit markets are leading the US economy in to a painful recession.
Jim's Car Rental has fixed costs of $220,000 per month and variable costs per car rented per day of $3. If Jim's charges $25 per day to rent a car, how many car-rental days (the number of cars rented times the number of days each is rented) must J..
These data were used to build a multiple regression model to predict the job performance of new hires based on age and GPA. The results of the analysis are shown below. Regression Analysis: Job Performance versus Age, GPA
An advisory group decided to investigate this claim, believing it was too large. A sample of 200 traffic accidents this year showed 74 persons were also involved in another accident within the last five years.
What is the marginal product of the third worker What is the marginal revenue product of the second worker What is the marginal cost of the fourth worker Based on your knowledge of marginal analysis, how many workers should you hire
Stan Moneymaker needs 15 gallons of gasoline to top off his automobiles's gas tank. If he drives an extra eight miles (round trip) to a gas station on the outskirts of town, stan can save $0.10 per gallon on the price of gasoline. Suppose gasoline..
Suppose a new manufacturing technology results in an expansion in the supply of electric batteries backup (EBB) in FL of 15%. If the elasticity of demand of EBB sold in FL is -0.4, What would be the new equilibrium price
Consider the simple linear regression model without an intercept, y = ß1x + u, with the assumption E(u|x)=0. Also assume that E(x)=0 Show that E(y)=0 and using this as well as E(x)=0 show that the covariance between x and y is given by E(xy) and t..
Explain why this firm would not try to sell more output by undercutting the market price. A calculation is not necessary but you may choose to use it as your explanation. What will happen in this industry in the long run
Suppose that your retirement benefits during your first year of retirement are $70,000 per year which is just enough to meet your cost of living during the first year. However, your cost of living is expected to increase at an annual rate of 6% du..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd