Why would a bank hold Treasury bills as secondary reserves when it could simply hold primary reservescash?
Question:
Why would a bank hold Treasury bills as secondary reserves when it could simply hold primary reserves—cash?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 56% (16 reviews)
Treasury ...View the full answer
Answered By
Apoorva Chavan
Enhanced student capabilities and self-esteem with hands-on and personalised tutoring. Boosted understanding of concepts and techniques for enhanced learning in students of all skill levels. Positive and upbeat communicator with good planning abilities.
Enthusiastic tutor eager to contribute to student success through hard work, attention to detail and empirical explanatory skills. Clear understanding of Physics, Mathematics and Chemistry and training in subjects. Motivated to learn, grow and Excel in teaching.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Answer the following questions: 1. Build the management-research question hierarchy for Starbuck project 2. the Duetto Card team turned to Green field Online to recruit a panel for one of its online...
-
When a central bank increases bank reserves by $1, the money supply rises by more than $1. The amount of extra money created when the central bank increases bank reserves by $1 is called the money...
-
It was never supposed to be this difficult When Boeing announced the development of its newest and most high-tech aircraft, the 787 Dreamliner, it seemed that it had made all the right decisions. By...
-
Three employees of the Horizon Distributing Company will receive annual pension payments from the company when they retire. The employees will receive their annual payments for as long as they live....
-
A health psychologist hypothesizes that students who study more also exercise less because they spend so much time studying. She measures whether the number of hours studying (per week) can predict...
-
Jaurez Company issued $400,000 of 9%, 10-year bonds on January 1, 2010, at face value. Interest is payable semiannually on July 1 and January 1. Instructions Prepare the journal entries to record the...
-
Pilot Company had operating expense of \(\$ 40,000\). At the beginning of the year, Pilot owed \(\$ 8,000\) on accrued liabilities. At year-end, accrued liabilities were \(\$ 4,000\). How much cash...
-
City Cycles has just started selling the new Z-10 mountain bike, with monthly sales as shown in the table. First, co-owner Amit wants to forecast by exponential smoothing by initially setting...
-
Provide a brief review of the following research paper: https://www.sciencedirect.com/science/article/abs/pii/S1566014120301072
-
Using two modulo-16 counters plus whatever other logic that is needed (including a gates and flip-flop), design a system with following counting sequence: 0 1 2 . 1523 45 .. 15 4 5 6 . 15 .. 12 13 14...
-
If a bank is unable to borrow reserves from the Fed funds market to meet its reserve requirement, where else might it borrow reserves? What is the name of the rate it pays to borrow these reserves?
-
Monetarists believe that money is neutral in that it has no real effect on interest rates, output, or employment. Keynes, alternatively, believed that money is not neutral in both the short and long...
-
Simplify each inequality if needed. Then determine whether the statement is true or false. -|-4| -4
-
A-1 Motorcycle Sales budgets $8,000 in salaries each month. Commissions are 15% of sales, which are budgeted at $200,000 for September and October, and $280,000 for November. Salaries and commissions...
-
A bank pays interest at 6% per annum compounded every half-year. 1 How many times a year does it pay interest? 2 What percentage interest does it pay each time? 3 Complete the following table: 6%...
-
Question 1 (1 point) In the simple economy of OCCland, we need to figure out their nominal GDP given the following information: OCCland produces 100 bags of Tea per year at $20 per bag, 75 new...
-
1. Identify five (5) food safety practices you should follow to prevent transferring bacteria from your body and clothing to the cheese and cheese preparation equipment when preparing, storing and...
-
On January 2, 2019, Flint Corporation issued $1,950,000 of 10% bonds to yield 11% due December 31, 2028. Interest on the bonds is payable annually each December 31. The bonds are callable at 101...
-
Graph the solution set for the set of real numbers on the real number line. 3(x + 9) 4x + 11
-
Discuss the information available from the following techniques in the analysis of inorganic pigments used in antique oil paintings: (i) Powder X-ray diffraction, (ii) Infrared and Raman...
-
A study of immunizing children in poor countries against diphtheria, pertussis, and tetanus estimated that, in the long run, a 10% increase in the number of children vaccinated increases the total...
-
Ludmillas House of Schnitzel is currently producing 10 schnitzels a day at point A on the following diagram. Ludmillas business partner, Hans (an impatient sort), wants her to double production...
-
Clean n Shine is a competitor to Spotless Car Wash. Like Spotless, it must pay $150 per day for each automated line it uses. But Clean n Shine has been able to tap into a lower-cost pool of labor,...
-
Competitive Analysis/competitive landscape research was introduced this semester as an important quadrant of export market research. Using two case studies that we discussed only in class, illustrate...
-
Suppose a box of mass m slides toward a spring with a speed of vi, presses 1.00 m into the spring, and then bounces away with a final speed of 15.0 m/s . Find the initial speed of the box. Take into...
-
First, take a brief look at the https://drive.google.com/file/d/1ipcMFg3KBbMnHLKi1t9yx1THFwaGJigy/view?usp=sharing (State of the Global Workplace. 2021 Report). After that, as an MBA/MSSL student,...
Study smarter with the SolutionInn App