Anna just deposited $5,000 in her savings account. The current required reserve at her bank is 20% (.2). Anna's deposit expands the credit market by?
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Anna just deposited $5,000 in her savings account. The current
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- Please assist if possible.Your merchant fee is 2%. Your customers paid you $120,000 through credit cards. What fee must you pay the credit card company? 2$ $ [?]If I own Hawkins Savings and Loan, and a customers makes a $8,000 deposit, what is the total amount I am able to lend if the reserve requirement is 15%?
- At the end of the month, you have only $20 left in your checking account. You deposit your $200 paycheck from your part-time waltressing job, but the restaurant is not doing well and your paycheck bounces. Your bank holds you accountable and charges you $54 for depositing a bad check. What is the balance of your checking account after attempting to deposit your bad paycheck? (Negative amount should be indicated by a minus sign.) Balance of checking account.How would a fall in the value of the pound sterlingaffect British consumers?I deposited Rs. 3 million of my money in a Habib Bank Limited, State Bank of Pakistan: Required rate of reserve ratio (RRR): Weekly Average Demand Liability was set as 10.0 % in June 2020. You are required to calculate the change in the money supply in the economy. If RRR decreased to 5% in August 2020, what will happen with the same deposit of Rs. 3 million. You are also required to compare and discuss it in few lines. (150 words) Answer: Evaluate the policy options open to a government when the Government wants to close a deflationary gap (negative output gap) and reduce unemployment. (200 words)
- I deposited Rs. 3 million of my money in a Habib Bank Limited, State Bank of Pakistan: Required rate of reserve ratio (RRR): Weekly Average Demand Liability was set as 10.0 % in June 2020. You are required to calculate the change in the money supply in the economy. If RRR decreased to 5% in August 2020, what will happen with the same deposit of Rs. 3 million. You are also required to compare and discuss it in few lines.(150 words)What is legal tender money plus What is fiduciary money?Walmart would like to borrow $2,500,000 and can borrow at £6.04% or $8.15%. A Swap Bank quotes GBP (6.04 -7.14%) and USD (7.00 -7.71%). How much will Walmart save if it enters a currency swap agreement? [note: your answer should be in dollars]
- How would you determine the interest rate that the bank charges on the transaction?Find the required reserve if the excess reserve is $600 and the actual reserve is $100Suppose Southeast Mutual Bank, Walls Fergo Bank, and PJMorton Bank all have zero excess reserves. The required reserve ratio is presently set at 5%. Sean, a Southeast Mutual Bank customer, deposits $200,000 into his checking account at the local branch.Change in Required Reserves(Dollars)
