What is the total amount of deposits at the bank

Assignment Help Basic Computer Science
Reference no: EM132228553

Suppose a bank has $3 million in excess reserves and total reserves of $10 million. A required reserve ratio of 10% is applicable to all deposits at the bank. What is the total amount of deposits at the bank?

Reference no: EM132228553

Questions Cloud

Calculate the number of occupied units : Calculate the number of occupied units. Assuming that fixed cost is $562 calculate optimal profit.
What is the optimal level of output : 1: What is the optimal level of output for your company to produce/sell?
Data management practices : Financial institutions across Europe must improve their data management practices if they are to comply with the demanding legislation
Describe the social work practice skills you developed : Describe the social work practice skills you developed. Describe potential areas where you might need improvement in relation to social work practice skills.
What is the total amount of deposits at the bank : A required reserve ratio of 10% is applicable to all deposits at the bank. What is the total amount of deposits at the bank?
Separate chips that are separated and sold : Computer memory chips are produced on wafers, each wafer having many separate chips that are separated and sold. The table below shows total costs
What price is being charged for 4 units : If the monopoly sells an additional unit, the incremental revenue is $12. What price is being charged for 4 units?
What are the key facts about international trade : How is the equilibrium interest rate determined in the market for money? What are the key facts about international trade?
Revive the domestic production : If you were an economic adviser to a Presidential Candidate, what would be your advice regarding trade, import tariff or quota, and how to revive the domestic

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Compute the minimum length of the string required

The range of variables is (-100, 50), (0, 1), and (3, 7) and the accuracy required is 0.01, 0.00001, and 0.001 respectively. Compute the minimum length of the string required.

  Assure a level of accuracy in the results

Can you think of ways to validate the information from SQL queries or reports, to assure a level of accuracy in the results? When, if at all, is it better to extract raw data instead of summary information and what are the best ways to present any..

  Does this reduce the amount of memory used

Does this reduce the amount of memory used?

  Computation of the herfindahl-hirschman index

Explain the merger analysis under Section 7 of the Clayton Act, including computation of the Herfindahl-Hirschman index.

  Write a function called class average

Write a function called class Average that takes in an array of numbers and, after normalizing the grades in such a way that the highest corresponds to 100, returns the letter grade of the class average.

  Sound basis for establishing economic policy

Coase contends that without taking into account transaction costs it is impossible to understand properly the working of the economic system

  Absolute and relative path name of a file

What is the difference between absolute and relative path name of a file?

  What are the possible numbers of minutes

What are the possible numbers of minutes she has used her phone in a month?

  Discuss the successor function and cost function

Give the initial state, goal test, successor function, and cost function for each of the following. Choose a formulation that is precise enough.

  First two balls are red and the third is black

If three balls are drawn at random from the bag, without replacement, what is the probability that the first two balls are red and the third is black?

  Write a function called codeit that takes a string txt

It replaces each 'a' with 'z', each 'b' with 'y', each 'c' with 'x', etc. The function must work for uppercase letters the same way, but it must not change any other characters. Note that if you call the function twice like this str = codeit(codei..

  Setting up a successful help desk-physical considerations

One of the most critical problems faced by the information technology department in virtually every organization is how to provide effective help to end-users facing problems with the technology. The help desk is the point at which every frustrati..

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd