Need help with these questions, I need them all answered. Thank you!   1.  Your cousin says:  "I know what money is (pulling out a dollar bill and 23 cents) it's this!"   What is your cousin missing when it comes to understanding and defining the money supply?  (What counts as the "money supply" - say M1 - as the U.S. defines it?)   2.  What is the top decision-making body within the Federal Reserve System, and how does one get to be a voter within that decision-making body?    3.  If you use a credit card to buy something are you using "money" strictly speaking?  Why or why not?

Q: If the public has a currency ratio of 0.2 and banks have a reserve ratio of 0.2, how much cash does…

A: here we calculate the need of money supply which print by central bank , so we calculate the…

Q: The Fed performs all of the following functions except O making loans to banks O clearing checks for…

A: The Fed is the central bank of the United States.  The Fed performs the following functions: Making…

Q: The Federal Reserve measures the money supply using which of the following? A) Savings Accounts B)…

A: Money supply refers to all the currency and other liquid instruments in a country’s economy at a…

Q: Why does the Federal Reserve not have complete control over the size of the money supply? Give at…

A: Money Supply: - In an economy the total value of money in circulation at a point of time is known as…

Q: 42 Which statement best describes the Federal Reserve System? A It was established in 1913 and…

A: A financial institution that manages and regulates a country’s monetary policy, issues currency,…

Q: "As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent…

A: Required reserve ratio or cash reserve ratio is the minimum amount of total deposit that commercial…

Q: Question 10 Which of the following are true about money? There may be more than one answer. a) Money…

A: Money is a commodity that is widely recognized as a means of economic exchange. It is the vehicle…

Q: Which of the follow are the main jobs of the Federal Reserve? (Check all that apply)     A. Conduct…

A: The Federal Reserve frequently alluded to as the Central bank or "the Federal Reserve," is the…

Q: Question 10 Which of the following are true about money? There may be more than one answer. a) Your…

A: Money is a liquid asset that is generally used as a medium of exchange and for repayment of debts in…

Q: Use the map to answer the following question. Federal Reserve Districts BOTON 12 New Yorr Cco S…

A: In the United States of America, the central banking system is also called the Federal Reserve…

Q: Some individuals have suggested raising the required reserve ratio for banks to 100 percent in a…

A: The central banks set a percentage of the amount in commercial banks as a cash reserve. This is the…

Q: The central bank of the fictitious country "Alpha" raises bank reserves by $200. What effect will…

A: Bank Reserve is the ratio which is decided by the central bank for controlling the money supply in…

Q: In the economy of Waco, the monetary base is $3150. People hold 30% of their money in the form of…

A: The reserve deposit ratio is a crucial banking guideline that establishes the proportion of client…

Q: 1 .Money demand decreases when the Federal Reserve Bank increases the Federal Reserve discount rate.…

A: Money is a mode of exchange, a unit of account, a store of significant worth, and a standard of…

Q: 13. Draw an image depicting the organization of the Federal Reserve System. 14. Describe the Federal…

A: 13. Organization of the Federal Reserve System:The Federal Reserve System is structured as a central…

Q: Answer the questions below from the data in table (all figures are in billions of dollars). Total…

A: DISCLAIMER: “Since you have posted multiple questions with multiple sub parts, we will provide the…

Q: 1. The central bank of the Bahamas decides to pursue an expansionary monetary policy. Explain the…

A: Monetary policy refers to the tool with which central bank can affect money supply in the economy.…

Q: For each event described, determine the affect on the monetary base, the money multiplier, and the…

A: The term monetary base refers to the entire quantity of money in an economy, which includes both the…

Q: Which of the following is​ money?   A. A check is money because while it is in circulation the…

A: Deposits held by individuals in banks and other financial institutions are treated as money because…

Q: the Fed, and th es loans to Stev k. 2nd National account at 3rd M oply in this econ

A: In the economy, there is a sale of bonds worth $1000 to the Fed. This means the Fed bought the bonds…

Q: What are the tools of the Federal Reserve uses to control the money supply? (Check all that apply)…

A: The FED oversees the economy's monetary policy, which aids in regulating prices and preserving price…

Q: When the Fed wants to reduce the supply of money circulating in the country, it will sell…

A: Open Market Operations is a tool used by Fed to regulate money supply in the economy. Fed can buy or…

Q: Why should we care about the money supply and what the Federal Reserve is doing?

A: In 2007, the great subprime crisis happened in the US that  was caused by high home prices  and the…

Q: Only one of the following is part of the money supply. Which is it? Select one: A. Gold. B.…

A: The money supply, also known as the money stock, refers to the total amount of money that is in…

Q: List the names of the current chairperson of the Federal Reserve and members of the Board of…

A: Since there are multiple questions posted here, the first one only will be answered in this session.…

Q: The Federal Reserve buys $20.00 million in Treasury securities. If the required reserve ratio is…

A: Given  Required reserve ratio rr = 25% excess reserve ratio er = 10% part (a) When Federal Reserve…

Q: summary explaining the four main tools the Fed uses to change the money supply

A: The actions by authorities(Fed) of a country, to either expand or tighten the economy and its money…

Q: The federal funds rate is:   Select an answer and submit. For keyboard navigation, use the up/down…

A: Reserve are the part of deposit that is kept by the banks as per the rules of central bank.  The…

Q: If the Federal reserve sets the required reserve ratio is set at something under 100%, banks can…

A: Required reserve ratio refers to a certain percentage of reserves to be maintained by the commercial…

Q: 3. The Federal Reserve's organization There are 7 members of the Federal Reserve Board of Governors.…

A: When talking about the Federal Reserve, it is the Central Bank and the highest monetary authority of…

Required Reserve and Excess Reserve Analysis

A required reserve is an amount of cash that banks must keep with themselves, which is certain percentage of the deposits made by their customers. Required reserve is a percentage of the bank's deposits that the respective bank must have on each overnight. The percentage rate is set and determined by the nation’s central bank. It is important to have such funds accumulated to meet its uncertain obligations, sudden liabilities and withdrawals. Required reserve is also known as reserve ratio. Reserve ratio is an important tool to control the money supply.