subject
Business, 24.04.2020 02:59 brapmaster764

Suppose that Ava withdraws $300 from her savings account at Second Bank. The reserve requirement facing Second Bank is 10%. Assume the bank does not wish to hold any excess reserves of new deposits. Use this information to complete the balance sheet below to show how Second Bank's assets and liabilities change when Ava withdraws the $300 from the bank.

a. A Simple Bank Balance Sheet Assets Liabilities
b. Change in Reserves: $ -30
c. Change in Deposits: $ -300
d. Change in Loans: $ -270

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 12:00
Which of the following is one of the advantages primarily associated with a performance appraisal? (a) it protects employees against discrimination on the basis of race. (b) it motivates employees to work on their shortcomings. (c) it encourages employees to play the role of the whistle-blower. (d) it accurately measures the resources of the firm.
Answers: 2
question
Business, 22.06.2019 20:10
As the inventor of hypertension medication, onesure pharmaceuticals (osp) inc. was able to reap the benefits of economies of scale due to a large consumer demand for the drug. even when competitors later developed similar drugs after the expiry of osp's patents, regular users did not want to switch because they were concerned about possible side effects. which of the following benefits does this scenario best illustrate? a. first-mover advantages b. social benefits c. network externalities d. fringe benefits
Answers: 3
question
Business, 22.06.2019 20:30
When many scrum teams are working on the same product, should all of their increments be integrated every sprint?
Answers: 3
question
Business, 22.06.2019 21:30
Which is the most compelling reason why mobile advertising is related to big data?
Answers: 1
You know the right answer?
Suppose that Ava withdraws $300 from her savings account at Second Bank. The reserve requirement fac...
Questions
question
Mathematics, 16.01.2021 06:20
question
Geography, 16.01.2021 06:20
Questions on the website: 13722367