Federal Funds Rate (%) Op Q11 Sp S Sa D On Quantity of Reserves If the Fed wants the federal funds rate to be at if1, what quantity of reserves do they need to make available to banks? A) Qf1 B) Qf2 C) Qf3 D) It cannot be determined with the information given.

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The more frequently a bank compounds interest, ____ will be. Group of answer choices the higher the stated interest rate the higher the APY the lower the APY the lower the stated interest rate

Below is the balance sheet for a bank. Under "Other" it has listed "$X" just think of this as the dollar amount needed to make the balance sheet balance. It is not important what that value is for this question. AssetsLiabilitiesReserves 44Deposits 255Loans 155 Securities 51Other $X Using the balance sheet above, find the level of excess reserves this bank is holding if the required reserve ratio = 6%(Give answers to 2 decimal places as needed)