What do economists mean when they say that the Federal Reserve Banks are central banks, quasi-public banks,
Question:
What do economists mean when they say that the Federal Reserve Banks are central banks, quasi-public banks, and bankers’
banks?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
When economists refer to the Federal Reserve Banks as central banks quasipublic banks and bankers banks they are highlighting different aspects of the ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
Question Posted:
Students also viewed these Business questions
-
What is meant when economists say that the Federal Reserve Banks are central banks, quasi-public banks, and bankers banks? What are the seven basic functions of the Federal Reserve System?
-
What do economists mean when they say government purchases are exhaustive expenditures whereas government transfer payments are nonexhaustive expenditures? Cite an example of a government purchase...
-
What do economists mean when they say markets are mutually interdependent? Give an example to support your explanation.
-
The indicating instruments with linear scale is Electrostatic instrument a O Thermocouple instrument.bo Dynamometer instrument C PMMC.d O
-
Butler Corp. maintains its financial records on the cash basis of accounting. Interested in securing a long-term loan from its regular bank, Butler Corp. requests you to convert its cash-basis income...
-
The comparative balance sheet of Hirayama Industries Inc. for December 31, 20Y2 and 20Y1, is as follows: The following additional information is taken from the records: 1. Land was sold for $153. 2....
-
A reactor is to be designed for the oxidation of sulfur dioxide, with excess oxygen from air, to sulfur trioxide. The entering feed, at \(550 \mathrm{~K}\) and \(1.1 \mathrm{bar}\), consists of...
-
Following are the amounts of the assets and liabilities of New World Travel Agency at December 31, 2012, the end of the current year, and its revenue and expenses for the year. The capital of Kris...
-
S Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable...
-
How did the Wall Street Reform and Consumer Protection Act of 2010 try to address some of the problems that helped cause the financial crisis of 20072008?
-
In January, the interest rate is 5 percent and firms borrow $50 billion per month for investment projects. In February, the federal government doubles its monthly borrowing from $25 billion to $50...
-
Suppose an ancient civilization had constructed circular pyramids. Write pseudocode for a program that determines the surface area from measurements that you can determine from the ground.
-
1. Hayward Industries manufactures dining chairs and tables. The controller currently uses traditional costing to allocate overhead to the two product lines based on direct labor hours. However, he...
-
Nunez Corp. sponsors a defined benefit pension plan for its employees. Information about the plan is provided below. Required: (a) Determine the pension-related journal entries that Nunez should...
-
Carla Vista Company purchased $2750000 of 8%, 5-year bonds from Metlock, Inc. on January 1, 2025 with interest payable on July 1 and January 1. The bonds sold for $2864345 at an effective interest...
-
How do microservices architectures leverage IPC to facilitate communication between distinct services, and what are the benefits and challenges associated with this approach ?
-
1) Calculate the weighted average cost of capital for Corporation B as of yearend 20X3. Corporation B purchased equipment in order to facilitate the processing of its product (with the intent of...
-
RETAINED EARNINGS ACCOUNTS AND STATEMENT On January 1, 20--, Glover Companys retained earnings accounts had the following balances: Appropriated for land acquisition......$ 60,000 Unappropriated...
-
Integration is a vital concept when applied in one?s life. Integrating your life means making ideal choices. Perfect choices on the other go in line with quality decisions. Quality decisions lead to...
-
Compare and contrast the market monetarist 5-percent target for nominal GDP growth with the older, simpler monetary rule advocated by Milton Friedman.
-
In 2009, the inflation rate reached negative 0.4 percent while the unemployment rate hit 10 percent. If the target inflation rate was 2 percent and the full-employment rate of unemployment was 5...
-
A bank currently has $100,000 in checkable deposits and $15,000 in actual reserves. If the reserve ratio is 20 percent, the bank has in money-creating potential. If the reserve ratio is 14 percent,...
-
Why a data warehouse (data warehouse or DW) could be the solution to the problem that the Marketing Department of Acme Bank is having? What would be the dimensions and metrics that would be used in...
-
A friend who is an entrepreneur with a growing business would like to extend her childcare center to include tutoring for students (K-3). Would you recommend she pursue space in a shopping mall or...
-
What are the neural underpinnings of emotional intelligence, and how do they contribute to enhanced self-regulation, empathy, and social cognition in individuals ?
Study smarter with the SolutionInn App