Identify each statement as either true or false.

- In the United States, banks keep the entire value of all customer deposits in the bank vault to meet customer withdrawals.
- Banks typically loan out a portion of customer deposits.
- Bank runs occur when many customers attempt to withdraw deposits from a bank at the same time and the bank is unable to pay all customer withdrawals.
- The Federal Deposit Insurance Corporation (FDIC) protects bank depositors from bank failure.
- The fractional reserve banking system requires all banks to keep the total value of customer deposits in their vaults to prevent bank runs.

Answers

Answer 1
- False. Banks practice fractional reserve banking in the United States. Under the system, only a small portion of the customers deposits is held back to meet customer withdrawals. (The deposits are given as the loan)

- True. Banks earn profit by loaning out a large portion of customer deposits and collecting interest on these loans. (The deposit portion excluding the reserves are given as loans)

- True. Bank runs occur when many customers try to withdraw money from a bank at the same time and the bank is unable to meet all customer requests. The bank cannot honor all of the requests because it has loaned out of portion of the customers deposits. (The bank runs is a situation where all the depositors take out money from the banks)

- True. The FDIC insurance customer deposits to prevent bank runs and instill customer confidence in the banking industry. (It will protect depositors from bank failure)

- False. The fractional reserve banking system requires that only a portion of customer deposits is held back to meet withdrawals. (It is a fraction of deposits)

Related Questions

What is the term given to a political party’s statement of principles?

Answers

Answer:

Platform.

Explanation:

"The term is Platform because it is a political party's formal statement of basic principles, stands on major issues, and objectives."

how does agriculture practices add to the problem of sea rising?​

Answers

Answer:

Some agriculture practices can lead to soil erosion which can then add to the problem of sea rising.

Changes in precipitation patterns combined with sea level rise will impact soil salinization and agricultural production, which will result in diminished food and water security.

How is Justin helping the planet?

Answers

Answer:

Because I just like that.

Explanation:

I bring the positivity and laughs to the world you know im sayin.

Question 40 (3 points)
Paddy and Mick are the only two inhabitants of a small island off the coast of Ireland.
They burn coal to keep their houses warm at night. However, this coal burning is
harming the air quality on their island. Both Paddy and Mick could install air filters on
their chimneys. These filters cost 50 each. Each filter provides a social benefit of 80,
but those benefits are divided equally among Paddy and Mick. If both Paddy and

Answers

Each filter provides a social benefit of 80 therefore if divided equally among Paddy and Mick will see them attain a 30% gain each. This is further explained below.

What is Global warming?

Generally, Global warming is simply defined as the heating of the Earth's globe seen since the pre-industrial period which raises heat greenhouse gas levels on the Earth.

In conclusion, the benefits if divided equally among Paddy and Mick will see them attain a 30% gain each.

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Put the term with the correct sentence to complete the statements.

1. The share of deposits that banks must have in reserves is the ___________.
2. The interest rate banks charge each other for very short-term loans is the ___________.
3. The interest rate the Federal Reserve charges commercial banks for loans is the ___________.

WORD BANK
open market operation
discount rate
reserve requirement
federal funds rate

Answers

Answer:

1. The share of deposits that banks must have in reserves is the reserve requirement

2. The interest rate banks charge each other for very short-term loans is the federal funds rate

3. The interest rate of the Federal Reserve charges commercial banks for loans is the discount rate

Explanation:

1. The reserve requirement is set by the Federal Reserve and is the minimum percentage of all deposits that banks must keep in reserves.

2. The federal funds rate is the interest rate banks charge each other for loans.

3. The discount rate is the interest rate the Federal Reserve charges to commercial banks for loans.

Which statement best describes the Federal Reserve's current level of transparency to the American public?

The actions of the Fed are largely carried out in secrecy with little regard to public transparency.

The Fed is somewhat transparent with regard to some aspects of monetary policy, but does not disclose details regarding macroeconomic conditions and goals.

The Fed only reports to the American public during periods of economic slow down.

The Fed is extremely transparent with regard to monetary policy and discloses goals, targets, and predictions for the macroeconomy.

Answers

Answer:

The Fed is extremely transparent with regard to monetary policy and discloses goals, targets, and predictions for the macroeconomy.

Explanation:

The Fed is extremely transparent with regard to monetary policy and discloses goals, targets, and predictions for the macro economy.

What is the Federal Reserve?

The Federal Reserve System, also known as the Federal Reserve or simply the Fed, is the United States of America's central banking system. The three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates.

The Federal reserve is very transparent with regard to monetary policy and one of its primary function is to disclose  goals, targets, and predictions for the macroeconomy.

Therefore, the correct answer is the fourth statement, best describing the Federal Reserve's current level of transparency to the American public.

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Which phrase correctly completes box #1 in the chart above?
A. State Constitution
B. US Congress
C. US Constitution
D. Federal Government
Please select the best answer from the choices provided
А
B
С
D

Answers

Answer:

C

Explanation:

US constitution

yall are funny and the answers b and d

Answers

I want to say that this is a cool question :) it can help you :)

What is the answer for this question

Answers

I think the correct answer is c (in my opinion)

thank you!

what is one limitation of the ethnographic method?

Answers

Answer:

Ethnographic research has several disadvantages to consider as well. Ethnography is time consuming and requires a well-trained researcher. It takes time to build trust with informants in order to facilitate full and honest discourse. Short-term studies are at a particular disadvantage in this regard.

Explanation:

Which best summarizes the effects of mutations on organisms?

Mutations are sometimes helpful, sometimes harmful, and sometimes neutral.
Mutations are usually harmful, sometimes neutral, and never helpful.
Mutations are sometimes neutral, sometimes helpful, and never harmful.
Mutations are always harmful, never helpful, and never neutral.
I NEED THE ANSWER PLS HELP!!!!!!!!

Answers

Answer:

sometimes helpful, sometimes harmful and sometimes neutral

describe yourself as a person as brutally honest

Answers

Answer:

I'm chill, nice, ugly, and a lil dirty on occasion :/ but who isn't amiright? no? heh.

Explanation:

UwU

Im an ok person mostly quiet but if u get to know me well I’m a loud funny person

What advice would you give Jordan’s mother, Monica, that would teach him how to make better choices and decisions? Discuss a specific strategy that Monica may implement to help her son make better decisions

Answers

Answer:

Let jordan make bad choices and deal with the consequences. or beat him lol

Explanation:

The approach Jordan's mother needs to use is as follows.

1. Jordan's mother ought to confront him about his actions, but she should try to overlook his error.

2. She should refrain from criticizing his actions.

3. She needs to emphasize the value of education to him.

4. She ought to inform him of the detrimental effects of marijuana and alcohol use when young.

5. She should make an effort to demonstrate her concern for him and the importance of education in securing his future.

6. She should guarantee that he will have time to spend with his pal.

What do you mean by Strategy?

Setting objectives and goals, choosing actions to accomplish the goals, and allocating resources to carry out the activities are all common components of strategy.

Age 16 is Jordan's. He is in the middle of his adolescence.

The psychosocial development theory developed by Erickson states that Jordan is experiencing identity vs. role confusion. Adolescents value their freedom and establish a sense of self throughout this time. They frequently argue with their parents because they dislike their intervention in their lives.

They act impulsively and I don't like how they behave.

The frontal lobes of the brain, which coordinate complex decision-making, impulse control, and the identification of many options and consequences, are still in the process of development.

Therefore, Children are connected to their parents during the developmental years. Their behavior begins to change when they connect with other people, such as peer groups, as a result of interaction and environmental influences.

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Why did the Enlightenment thinkers challenge their position of power?

Answers

Answer:

The Enlightenment brought political modernization to the west, in terms of focusing on democratic values and institutions and the creation of modern, liberal democracies. Enlightenment thinkers sought to curtail the political power of organized religion, and thereby prevent another age of intolerant religious war.

Explanation:

Because they wanted the hole power for them

Enter the temperature shown on the thermometer.
Tokyo, Japan __°F

Answers

Answer:

so yeah hope it helps

=/

Explanation:

63

Answer:

 63°F

Explanation:

Classify each statement about the Federal Reserve System as either true or false.

- The Federal Reserve was established by the U.S. Constitution in the late 1700s.
- The national objectives of the Federal Reserve include promoting economic growth, full employment, stable prices, and moderate interest rates.
- All Federal Reserve actions are subject to veto by the executive branch.
- The Federal Reserve determines monetary policy in the United States.
- The Federal Reserve was created by the Federal Reserve Act of 1913.

Answers

FALSE - The Federal Reserve System was created by the Federal Reserve Act of 1913, meaning that the Fed was not created by the U.S. Constitution.

TRUE - The objectives of the Fed include maintaining full employment and price stability, which can often be conflicting goals in terms of policy actions.

FALSE - The Federal Reserve System is independent from control by the executive branch. This reduces the probability of political influence on monetary policy decisions.

TRUE - One of the jobs of the Federal Reserve is to determine the amount of money in circulation. This is called monetary policy.

TRUE - The Federal Reserve was created by the Federal Reserve Act of 1913, following an especially severe banking panic in 1907.

The Federal Reserve System are:

The Federal Reserve was established by the U.S. Constitution in the late 1700s. This statement was false. The national objectives of the Federal Reserve include promoting economic growth, full employment, stable prices, and moderate interest rates. This statement was true. All Federal Reserve actions are subject to veto by the executive branch. This statement was false. The Federal Reserve determines monetary policy in the United States. This statement was true. The Federal Reserve was created by the Federal Reserve Act of 1913. This statement was true. What is Federal Reserve System?

The Federal Reserve system created monetary policies with the primary objective of fostering employment and preserving the level of prices in the economy. Additionally, it is a strategy for lowering the economy's long-term interest rates. the direction of the decisions about the financial and policy plan of action.

The Federal Reserve or a similar organization is not mentioned in the Constitution. The Fed's goal is to enhance the US economy through growth, full employment, stable prices, and moderate interest rates. Because the FED is autonomous of the Executive branch, it is not subject to its veto.

As the United States' central banking system, the Fed decides the country's monetary policy. The Federal Reserve was established in 1913 by an Act of Congress known as the Federal Reserve Act, which President Woodrow Wilson signed into law.

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Throughout history, all sorts of interesting things have been used as money, including fresh fish and cattle.

Fresh fish is not an effective form of money. What essential characteristic of money does fresh fish lack that most makes it ineffective?
- allocated by the government
- unit of account
- stackablity
- medium of exchange
- store of value

Cattle is not an effective form of money. What essential characteristic of money does cattle lack that most makes it ineffective?
- allocated by the government
- stackability
- store of value
- medium of exchange
- unit of account

Answers

Answer:

Fresh fish lacks store of value

Cattle lacks medium of exchange

Explanation:

To be effective, money must be a store of value, a medium of exchange, and a unit of account.

Fresh fish cannot be used as Store of value since the value can not be stored for longer period of time. Freshness is short term and difficult to preserve it for longer period of time.

To be a store of value, money has to maintain its worth over time. Fresh fish rots and therefore loses value over time, making fresh fish an ineffective form of money.

Cattle can be used as unit of account and store of value but it is not successful when it comes to the medium of exchange. One bowl of wheat can be exchanged for one cattle or cattle can not be exchanged in pieces.

Cattle are not effective as money because they are not a good medium of exchange. Cattle are cumbersome to transport. Using cattle as money is associated with much higher transaction costs than using paper money. Note that they also cannot easily be divided, which makes them a poor unit of account.

What difficulties did mandela face in his life? ​

Answers

Answer:

there were many difficulites in "nelson madela's" life. mostly when he was trying to achieve freedom. he was put in jail for 27 years because he stood up for what's right.

Explanation:

please mark brainliest if this helps :) also here is more information:

https://www.sahistory.org.za/article/nelson-mandela-father-nation

Answer:

discrimination and prejudice throughout his political career.

also mandela was put in prison for 27 years.

A teacher can establish and maintain contact with the parents of the learners through …

1.inviting parents to a teacher to family braai.
2.inviting the parent of the learner with learning difficulties or behaviour problems.
3.using library cards to identify learners with difficulties.
4.include the parent of the ill-discipline learner to school governing board.

Answers

A teacher can establish and maintain contact with the parents of the learners through B. Inviting the parent of the learner with learning difficulties or behaviour problems.

What is Parent-Teacher Relationship?

This refers to the interaction that is initiated and maintained between the teacher of a schoolchild and his parents.

Hence, we can see that the answer choice that helps a teacher establish and maintain contact with the parents of the learners is through inviting them over when their child misbehaves, option B.

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The Cold War was a conflict between
A Europe and Russia
B. China and the Soviet Union
C. the United States and Europe
D. the United States and the Soviet Union
Please select the best answer from the choices provided

Please give right answer. If I get 100 then the first person gets brainly :)

Answers

Answer:

it's correct I did the test

Label the scenarios with the type of monetary policy lag represented in each.

Despite numerous data trends suggesting a recession, the FOMC waits until their monthly scheduled meeting to change the direction of current monetary policy.

Significant revisions to quarterly GDP data and monthly unemployment data delay the identification of the start of a recession.

Data on GDP is released quarterly, meaning that an economic downturn beginning in January may not be identified until more than three months later.

Once the Federal Reserve lowers interest rates, businesses and consumers are slow to increase borrowing as a result.

WORK BANK
implementation lag
recognition lag
information lag
decision lag

Answers

Answer:

1) Decision lag

2) Recognition Lag

3) Information Lag

4) Implementation Lag

Explanation:

The decision lag represents the lag time between the recognition of a problem and the decisions of how best to respond. Monetary policy has a smaller decision lag than fiscal policy, as monetary policy can be implemented immediately following an FOMC meeting.

The recognition lag refers to the time it takes the Fed to get an accurate picture of economic conditions. The Fed must be sure data is accurate and is also showing a consistent trend before taking action.

The information lag describes the lag between a change in economic conditions and these changes being available in economic data reports. Data is often published monthly or quarterly, creating a lag in the discovery of changes in the economy.

The implementation lag refers to the final lag in the monetary policy process. Once the Fed has changed interest rates, it takes time for businesses and consumers to respond to these changed incentives for borrowing.

1. What is your religion?
2. Do you know the origins and background of your relgion?
3. How did you come to hear and then practice of your religion?
4. What aspect/area of your religion brings comfort to you?
5. Does your religion have a hope for all mankind?
6. Is there an area that is hard to describe about your faith?
7. Analyzing what your religion means and stands for, have you had an experience that is important to you?
8. How do you communicate to others that your religion is something they should consider?
9. Why should I become a follower of your religion?

Answers

1. What is your religion?

My religion is Christianity.

2. Do you know the origins and background of your relgion?

Yes, I do. Christianity is an Abrahamic monotheistic religion based on the life and teachings of Jesus of Nazareth. It is the world's largest religion, with about 2.5 billion followers.

3. How did you come to hear and then practice of your religion?

My family's religion has been Christianity for 100+ years.

4. What aspect/area of your religion brings comfort to you?

Honestly reading the bible and listening to the sermons.

5. Does your religion have a hope for all mankind?

Yes, anyone can follow Christianity.

6. Is there an area that is hard to describe about your faith?

How the Lord will always love you.

7. Analyzing what your religion means and stands for, have you had an experience that is important to you?

When I lost a grandparent my faith got me thru.

8. How do you communicate to others that your religion is something they should consider?

I try to tell others.

9. Why should I become a follower of your religion?

Because God loves you no matter what.

Complete the sentences with the correct function of money.

1. Norah walks into her favorite department store, Bullseye, to pick out a new dress. She checks out the price tag and is excited to see that the dress is on sale and is now relatively cheaper than another dress she was considering. Here, money is serving as ______________________.

2. She is especially excited because she has been saving money each week in her piggy bank at home so that she can afford a trip to Florida next summer. The money in the piggy bank is serving as ______________________.

3. She quickly walks to the checkout line where she pays the cashier for her new dress. At the cashier, money is serving as ______________________.

WORD BANK
a medium of exchange.
a unit of account.
barter.
a store of value.

Answers

Answer:

Medium of exchange: Money act as a medium of exchange because it is accepted as a payment

Unit of account: Money act as a unit of account becuase it is used as a common denominator that can be used to express worth of any goods or services.

Store value: Money act as a store value. It means people can save money for use it in future.

Explanation:

Money functions as a unit of account in that it provides a standard and widely accepted method for reporting the price of goods and services. Price tags are an example of money serving as a unit of account; by pricing items in U.S. dollars in the United States, consumers have a clear and universal method for determining the cost of a variety of goods and services.

Money also serves as a store of value, meaning people use money as savings to buy goods and services in the future. Norah is saving money at home for a vacation, so money is functioning as a store of value.

Money serves as a medium of exchange because it is widely accepted in transactions in the economy. Norah gives Bullseye money and receives the dress in exchange.

four conditions individual rights can be denied

Answers

Answer:

Brainliest pls

Explanation:

Human rights are indivisible: you cannot be denied a right because it is "less important" or "non-essential." Human rights are interdependent: all human rights are part of a complementary framework.

The mushrooms thrived without hurting trees. How could this happen? Try for two possible explanations. Write your ideas in the space below.


pls answer

Answers

The reason is because mushrooms feeds on dead and decaying substance around the tree, hence mushrooms are decomposers.

What is a mushroom?

Basically a mushroom is a fungi with fleshy body, some mushrooms are edible while some are poisonous.

When are mushroom is seen growing on a tree, it means the presence of dead substance or even part of the tree is dead.

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Why was the Patriot Act passed in 2001?

to end the development of nuclear weapons in North Korea
to provide a national response to the 19 pandemic
to bring an end to the Cold War with the Soviet Union
to expand the government’s ability to identify terrorists

Answers

Answer:

to expand the government’s ability to identify terrorists

Explanation:

The reason why  the  Patriot Act was  passed in 2001 is: to expand the government’s ability to identify terrorists.

What is Patriot Act ?

Patriot Act  can be defined as the act that was passed in the year 2001  in order to stop terrorist attack or to prevent terrorist attack in the United State of America.

This purpose or important of Patriot act tis to enables the government to identity  terrorists.

Therefore the correct option is D.

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Who won the Battle of Shiloh?

Answers

Answer: united states

Explanation: The combat. The dawn of April 6, witnessed a surprise attack in the Shiloh church region by the Confederates under the leadership of General Albert Sydney Johnston.

Classify each example as commodity money or fiat money.
- salt
- copper
- cattle
- Mexican pesos
- Bitcoin

Answers

Answer:

Commodity money
- salt
- copper
- cattle

Fiat money
- Bitcoin
- Mexican pesos

Explanation:

Fiat money, unlike commodity money, has no other use except as a medium of exchange. Bitcoins and Mexican pesos are only valuable because people will accept them as currency. Since fiat money is easier to reproduce in large quantities than precious metals or animals, it is more prone to both counterfeiting and overproduction.

Commodity money is a good used as money that also has intrinsic value independent of its use as money. A famous example is the use of cigarettes as money in prisoner‑of‑war camps. Copper can be used in industrial applications as well as for money. Cattle and salt historically have been valuable items in and of themselves.

13,000 mile railroad tracks did the union or Confederate have the overall advantages and why??
Soilders defending their own homes and family

Answers

Answer:

Confederates had small advantages because they were close to home which meant they had quick access to supplies and familiarity of the battlegrounds. BUT OVERALL the industrialized Union possessed an enormous advantage over the Confederacy — they had 20,000 miles of railroad track, more than double the Confederacy’s 9,000 miles. Troops and supplies that were previously dependent on man or horse power could now move easily by rail, making railroads attractive military targets. The Union controlled 70% of the country’s total miles of track and owned 96% of U.S. railroad equipment, which meant it was ideally prepared for damage replacement when bridges, rail rights-of-way or rolling stock were destroyed. This strength was an early indicator of rail’s ability to shape future military strategy.

Explanation:

Hope this helped! Brainiest please if it did

Houston Rockets: Programs that the organization or players partner with in the community.

Answers

Math Hoops

Rockets Math Hoops is an exciting, fast paced digital board game and curriculum that leverages the game of basketball and NBA/WNBA player statistics to impart students in grades 4th-8th with math and social-emotional learning skills. Participants have the opportunity to “draft” their favorite Rockets players and other NBA and WNBA players and compete with their colleagues online to improve not only their math skills, but also their ability to collaborate more effectively with their peers.

No Place For Hate Program

As an extension of the No Place for Hate® program, the Houston Rockets and ADL have teamed-up to develop the “Create with No Place for Hate® – Express Yourself Challenge”, a competition for NPFH participating schools. The challenge encourages students to either create a 2-3-minute video or submit a photo of their still art such as paintings, drawings, collages, or photography depicting the No Place for Hate® message of inclusivity, respect, and equity.

Read Nation

Rockets Read Nation events are fun, interactive and entertaining reading activities at schools and charities, where each child receives age appropriate books of their own to help fuel their love of reading and create their own library.

Be Fit Program

The Be Fit Challenge is implemented in Houston schools and provides children with nutrition and activity tips. They also participate in fun and educational fitness and nutrition activities to win contest prizes. Additionally, one school will win an exciting Be Fit Rally, starring Rockets entertainment and Memorial Hermann fitness and nutrition experts.

Money Talks

Houston Federal Credit Union and the Houston Rockets want to ensure the financial wellness of Houston-area high school juniors and seniors. Money Talks is a program with candid conversations about money, featuring notable Houstonians sharing personal financial growth stories, challenges, and anecdotes for successfully managing money. Sessions also feature HFCU financial tips and resources showing students how to start making money decisions now.

Financial Wellness for Rockets Fans

All Rockets fans have FREE access to ELEVATE, a financial education program that provides an understanding of financial terms, budgeting skills, debt management, and the importance of establishing retirement goals. Enjoy less financial stress and ELEVATE your financial life with the Rockets and HFCU.

Teacher of the Month presented by Pizza Hut

The Houston Rockets and Pizza Hut acknowledge that America’s future depends on teachers educating our children, and applaud the exceptional teachers in the Houston area at the forefront of our school successes. Teacher of the Month will recognize exemplary PK-12th grade teachers who go above and beyond the call of duty to inspire their students to succeed in life and in school.

Grassroots Basketball

Best Shot is a 10-week after-school program for members of the Boys & Girls Clubs of Greater Houston. Best Shot provides students with academic tutoring, cultural awareness workshops and drug prevention education. Using basketball as an incentive, participants must take part in weekly educational activities and tutorial sessions before taking part in league games.

Jr. Rockets Program

The Jr. Rockets program's goal is to increase the Houston Rockets presence with local youth basketball leagues. The program aims to develop a life-long passion for the game of basketball, provide support to the leagues and add programs to make the game fun and rewarding for everyone. Each participating league will include a Houston Rockets game ticket into their league registration. Jr. Rockets/participating league jersey will also be included in the registration process.

Grassroots Outreach

A holiday tradition bringing together Rockets players, their families and members of the business team, as they host a series of events for members of the community who are less fortunate. Each year, hundreds of children and their families are the recipients of private parties, gifts and surprise visits by Houston Rockets players.

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