Suppose first main street bank, second republic bank, and third fidelity bank all have zero excess reserves. the required reserve ratio is 10%. the federal reserve buys a government bond worth $500,000 from manuel, a client of first main street bank. he deposits the money into his checking account at first main street bank.
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Business, 21.06.2019 17:20
Your aunt is thinking about opening a hardware store. she estimates that it would cost $300,000 per year to rent the location and buy the stock. in addition, she would have to quit her $45,000 per year job as an accountant. a. define opportunity cost. b. what is your aunt's opportunity cost of running a hardware store for a year? if your aunt thought she could sell $350,000 worth of merchandise in a year, should she open the store? explain.
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Business, 22.06.2019 03:00
If you were running a company, what are at least two things you could do to improve its productivity.
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Business, 22.06.2019 10:00
Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150
Answers: 3
Suppose first main street bank, second republic bank, and third fidelity bank all have zero excess r...
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