Answer:
= $3 million
Explanation:
Banks are mandated by banking regulation to keep a percentage of their total deposit and can lend the balance. This is called the required reserve
The amount by which the total deposit exceeds the required reserve is called the excess reserve
The required reserve = Transaction × reserve requirement
= 0.10 × 100
= $ 10 million
Excess reserve = Transaction account balance - required reserve
= 100 - 10 = $90 million
With a decrease in reserve ratio to 0.07,
Excess reserve = 100 - (0.07 ×100)
= $ 93 million
Increase in excess reserve = $ (93 - 90) million
= $3 million
Answer:
Excess reserve will increase by $3 million
Explanation:
In this secanrio the reserve requirement is 0.10 that is 0.10* 100 million= $10 million.
The excess reserve is 100 million- 10 million= $90 million.
When there is a required reserve reduction to 0.07 then the reserve will be 0.07* $100 million= $7 million.
The excess reserve will be $100 million- 7 million= $93 million
Therefore the increase in excess reserve is $93 million- $90 million= $3 million
b. major corporations
c. state, county, and city governments
d. small start-up companies
Answer: (C) State, county, and city governments
Explanation:
The municipal bonds are basically issue by the state, city and the country government. We use the municipal bonds for various types of purposes such as money for building various schools, hospitals, highway and the sewer system.
Munis is the short abbreviation of the municipal bonds and it helps in financial way for the upcoming project. It helps in the development of the state and countries and the municipal bonds are mainly issue by the different types of government.
Therefore, Option (C) is correct.
O A. Reporting
O B. Querying
O C. Planning
O D. Sorting
Planning an important step to take before entering your first data into your database.
Planning involves a step by step approach to doing a thing. In data entering, creating a plan is the first step to entering data.The plan can be created in a separate sheet called the sap screen from where the processes are itemized.
Therefore, Planning an important step to take before entering your first data into your database.
Learn more about planning here
#SPJ5
Before adding the first piece of data into your database, planning is a crucial step to do. As a result, choice (C) is the right one.
In computing, a database is a structured collection of data that is accessible and stored electronically. In contrast to small databases, which may be stored on a file system, large databases are kept on computer clusters or in the cloud.
Data modeling, efficient data representation and storage, query languages, security and privacy of sensitive data, and distributed computing difficulties like concurrent access and fault tolerance are just a few examples of the pragmatic and formal aspects of database design.
The piece of software that interacts with the database itself, applications, and end users to gather and handle data is known as a database management system (DBMS).
Learn more about database, from :
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This table shows the annual salaries of the employees in the company.
Employee
Salary (in £ thousands)
AJ
16
TM
23
WF
23
SW
22
MT
15.5
RD
18.5
JR
20
LS
23
PB
36
Tick all of the employees who are paid less than the median salary.
Answer: AJ, MT, RD, Jr
Explanation:
Given the following data :
AJ - 16
TM - 23
WF - 23
SW - 22
MT - 15.5
RD - 18.5
Jr - 20
LS - 23
PB - 36
Median salary can be calculated thus :
Arranging salary in ascending order of Magnitude :
15.5, 16, 18.5, 20, 22, 23, 23, 23, 36 (£ thousand)
Meduan salary is the 5th figure in the arrangement = £22 thousand
Therefore, those earning less than the median salary are:
AJ, MT, RD, Jr
attention to their studies as do students
who study under quiet conditions (he believes that
studying under quiet conditions leads
to better attention). He rando~ assigns participants
to either the music or no-music condition
and has them read and study the same passage
of information for the
same amount of time.
Subjects are given the same 10-item
test on the material. Their scores appear next. Scores on
the test represent interval-ratio
data and are normally_distributed.
b. False User: A good financial plan does not include an insurance plan.
a. True
b. False User: Randy would like to set up a budget for a vacation he is taking next year. Which money management tool should Randy use?
printable graphs
spreadsheet
online banking
ExpensureTM