Checkable deposits are also called:
Group of answer choices
checking accounts.
high-powered money.
savings balances.
Federal Reserve Notes.
Fixed deposit in simple terms are also called demand deposit or checking accounts
It is the the deposit account from which cheque or draft of any type can be used or written
High powered money are called powerful because they are that type of currency which is given by the government or by the Federal reserve Bank
Federal reserve note in simple terms is a paper currency which is circulated in the whole United States country
it is issued by the Federal reserve Bank of United States
So the correct answer here is option A
Checkable deposits are also called: Group of answer choices checking accounts. high-powered money. savings balances. Federal...
What are checkable deposits? Savings accounts Checking accounts. Government bonds Currency
. The predominant liabilities for savings institutions are: Group of answer choices A.checking accounts and money market mutual funds. B.commercial deposits and FHLB borrowings. C.transaction accounts, small time and savings deposits. D.wholesale money market notes and reserves at the Fed.
M2 money includes all but which one of the following? Group of answer choices Large denomination time deposits. Checkable deposits. Money market mutual accounts. Savings accounts. Money market deposit accounts.
Ml equals currency + demand deposits + A)nothing else B)othere checkable deposits. C)traveler's checks + other checkable deposits. D)traveler's checks + other checkable deposits -+ savings deposits 2. If you deposit $100 of currency into a demand deposit at a bank, this action by itself A)does not change the money supply. B)increases the money supply. C)decreases the money supply. D)has an indeterminate effect on the money supply. 3. The manager of the bank where you work tells you that your...
The Federal Reserve Bank purchases $X worth of securities and as a result, total checkable deposits in the economy increases by $3,500? Using a required reserve ratio of 6% and the simple multiplier formula, find X. Group of answer choices $175 $190 $210 $245
The Federal Reserve specifies a percentage of checkable deposits that banks hold must hold as reserves (required reserves), which is called the required reserve ratio. Excess reserves are reserves that banks hold over and above the required reserves and can make loans. Suppose that Bank A has an increase in checkable deposits of $100 million and the required reserve is 10%. How much money can Bank A create by making loans? How much money can the banking system as a...
Using the simply money multiplier model, what quantity of securities must the Federal Reserve purchase to generate an increase in the size of checkable deposits by $22,500, assuming the required reserve ratio is 4%? Group of answer choices A) 810 B) 850 C) 900 D) 920
Answer the following questions: a) If a bank depositor deposits $1,000 of currency to his checking account, what happens to reserves, checkable deposits, and the monetary base? b) If the Fed buys bonds worth $2 million from the First National Bank, what happens to reserves and the monetary base? Use T-accounts to explain your answer c) If the Fed sells $2 million of bonds to Irving the Investor, who pays for the bonds with a check, what happens to reserves...
QUESTION 4 Congress finances a budget deficit by O A raising taxes B. printing money OC. lowering taxes OD. selling bonds QUESTION 5 The group of three economists appointed by the president to provide fiscal policy recommendations is the A Council of economic advisors B. Bureau of economic analysis O Federal open market committee OD. Federal reserve board of governors C. QUESTION 6 The following data relates to the value of different items in the hypothetical economy of Richlandia: savings...
Which of the following is the most liquid form of money? Group of answer choices credit cards a AAA corporate bond money in a savings account money in a checking account