ZuoTi.Pro
Question

Islamic banks are required to offer trade-related services free of cost. Question 20 0.5 p If the deposit expansion multiplie
business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Q17. TRUE:

U.S. dollar is most important reserve currency in the world.

Q20. The reserve requirements in the banking system will be 5%.

Correct option is option 4th

multiplier = 20 Reserve Ratio a r/ -ta X100 multiplier I X100 gov st r=.5%.The money multiplier tells you the maximum amount the money supply could increase based on an increase in reserves within the banking system. The formula for the money multiplier is simply 1/r, where r = the reserve ratio.

0 0
Add a comment
Know the answer?
Add Answer to:
Islamic banks are required to offer trade-related services free of cost. Question 20 0.5 p If...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • 8. The reserve requirement, open market operations, and the moneysupply Assume that banks do not hold...

    8. The reserve requirement, open market operations, and the moneysupply Assume that banks do not hold excess reserves and that households do not hold currency, so the only form of money is demand deposits. To simplify the analysis, suppose the banking system has total reserves of $100. Determine the money multiplier and the money supply for each reserve requirement listed in the following table. Reserve Requirement (Percent) 15 Money Supply (Dollars) Simple Money Multiplier 10 A lower reserve requirement is...

  • The U.S. government's Office of the United States Trade Representative: Question 5 Not yet answered Marked...

    The U.S. government's Office of the United States Trade Representative: Question 5 Not yet answered Marked out of 1.00 Flag question Select one: a monitors intellectual property rights around the world and fights IP theft. b. watches the trade relations with countries that have been granted the most favoured nation status. C. determines the impact of imports on U.S.industries and directs actions against certain unfair trade practices such as subsidies and dumping d. promotes exports of nonagricultural services and goods...

  • Are federal budget deficits related to trade​ deficits? A. ​Yes, but only if the quality of U.S. goods and services is deteriorating B. No. The budget deficit is entirely a domestic​ matter, while the...

    Are federal budget deficits related to trade​ deficits? A. ​Yes, but only if the quality of U.S. goods and services is deteriorating B. No. The budget deficit is entirely a domestic​ matter, while the trade deficit only affects U.S. citizens who travel abroad. C. Yes. Higher deficit spending goes up results in more government​ borrowing, and foreign residents who lend funds to the U.S. government have fewer resources to spend U.S. export goods. D. Yes. If U.S. consumers buy too...

  • 22 true/false (@.5 pt., 11 points possible) 1. Free banking is characterized by Rothbard as one...

    22 true/false (@.5 pt., 11 points possible) 1. Free banking is characterized by Rothbard as one where entry by new firms is free. 2. Because banking is complicated, Rothbard claims that with free banking owners should not be subject to the same rules as other firms insofar as having to pay off their debts. 3. Free banking is likely to be quite inflationary. 4. The more that the public is willing to hold a checking account rather than cash, the...

  • Question 1 (1 point) The amount of reserves that a commercial bank is required to hold...

    Question 1 (1 point) The amount of reserves that a commercial bank is required to hold is equal to: Question 1 options: the amount of its checkable deposits. the sum of its checkable deposits and time deposits. its checkable deposits multiplied by the reserve requirement. its checkable deposits divided by its total assets. Save Question 2 (1 point) Answer the question on the basis of the following information for the Moolah Bank. Refer to the information and assume that Moolah...

  • Multiple Choice: Choose the “best” answer. Please Answer all Money center banks rely more heavily on...

    Multiple Choice: Choose the “best” answer. Please Answer all Money center banks rely more heavily on wholesale and borrowed funds as sources of liability funding than do community banks. True False Commercial paper is an alternative (competitive product) for large established companies that otherwise would need a business loan from a commercial bank. True False There is only one regulatory agency for commercial banks in the U.S.. True False 4.   Customer deposits are classified on a DI's (depository banks) balance...

  • Case assignments must be completed with a written 2-page study on the assigned case questions in...

    Case assignments must be completed with a written 2-page study on the assigned case questions in the textbook. The format requested for these assignments is based on elaborating and including two basic parts in the essay: 1) in a bullet presentation style (one phrase each bullet), list a summary of the key issues, situations, problems, opportunities and threats you may identify as relevant; 2) answer all the questions listed in each case in two or three sound paragraphs. Use the...

  • 18 Congress has the legal right to force the Federal Reserve Bank to accept and carry...

    18 Congress has the legal right to force the Federal Reserve Bank to accept and carry out their suggested recommendations regarding Monetary Policy. 8 03:57:44 True or False True False 19 The Federal Reserve Bank is the chief regulatory agency among all of the financial regulatory agencies like the SEC, FDIC, etc... The Federal Reserve Bank has the most regulatory power. 03:57:40 Multiple Choice This is foise - the US Treasury Department has the most regulatory power in the U.S....

  • The U.S. central bank that sets monetary policy and regulates the U.S. banking system is known...

    The U.S. central bank that sets monetary policy and regulates the U.S. banking system is known as the: Select the correct answer Regional Central Bank The Federal Reserve Bank of New York The Congress Question 2 5 Points Which of the following is not a component of the Fed System? Select the correct answer Member Banks Federal Reserve District Banks Federal Open Market Committee Regional Committee Question 3 5 Points The function of setting reserve requirements and supervising member banks...

  • 28 The Chairman or Chairlady of the Federal Reserve Bank has the power to personally order...

    28 The Chairman or Chairlady of the Federal Reserve Bank has the power to personally order an increase in the U.S. money supply. A vote by the Fed's FOMC is not needed in order to increase the nation's money supply. 2016.05 Multiple Choice This is false This is true only if both the President of the United States and treat of the Freneha bebes to increase the nation's money supply, then the FOMC no need None of the above Free...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT