Midyear on July 31st, the Baldwin Corporation's balance sheet reported: Total Assets of $252.429 million Total Common Stock of $7.620 million Cash of $12.060 million Retained Earnings of $56.505 million. What were the Baldwin Corporation's total liabilities

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.

Gif the federal reserve did not regulate fiscal policy, monitor banks and provide services for banks, what would most likely be the economic conditions to transact business in the u.s.? the economy would primarily be based on a barter system rather than a fiat system. there would be no discrimination in lending by local banks. the economy would be less efficient and transactions most likely more costly.