Question: The is a network linking over 5 , 3 0 0 banks with the Eederal Reserve that is used to transfer deposits and make loan

The
is a network linking over 5,300 banks with the Eederal Reserve that is used to transfer deposits and make loan
payments between participants.
Multiple Choice
Fedwire
ACH
CHIPS
The is a network linking over 5,300 banks with the Eederal

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

1).True or False A. Federal Reserve interest rate decisions can be vetoed by the U.S. president or the Congress. True or False ? B. Among the 12 Federal Reserve District the federal reserve bank of...

Q:

7 (2.5 points) The ____ is a network linking over 5,300 banks with the Federal Reserve that is used to transfer deposits and make loan payments between participants. Fedwire SWIFT ACH CHIPS NASDA

Q:

The is a network linking over 9 , 0 0 0 banks with the Federal Reserve that is used to transfer deposits and make loan payments between participants. ( A ) NASDAQ ( B ) ACH ( C ) Fedwire ( D ) CHIPS...

Q:

financial analysts forecast L brands growth fir the future to be 10.6%. LBs most recent annnual dividend was .80. what is the fair present value of l brands stock if the required rate of return is...

Q:

4 Files 3:17 PM Fri May 13 Insert Draw Layout Review View Unit SMacroeconomic Policy Name: HR: POLICY BASICS Use the space below to take notes during class. The Federal Reserve: Monetary Policy:...

Q:

4 Files 3:18 PM Fri May '13 Insert Draw Layout Review View Unit SMacroeconomic Policy Name: HR: FISCAL POLICY Use the space below to take notes during class. Disposable Income: How does a change in...

Q:

It is becoming widely expected that interest rates will rise in the coming year. In recent weeks the 10 year US bond has risen from about 1.50% to 1.80%. Using the appendix for chapter 2 on Webster...

Q:

THIS QUESTION IS DUE IN EXACTLY 1 HOUR AND 45 MINUTES. I WILL PAY EXTRA 10 DOLLARS IN TIP IF SOMEONE TYPES THE EXACT ANSWER REQUESTED. PLEASE RESPOND TO THE EACH AND EVERY QUESTION IN A TOTAL OF 3-4...

Q:

I need short journal entries for these articles, please. 1) Learning Objectives By the end of this section, you will be able to: Explain the various functions of money Contrast commodity money and...

Q:

Please help with the below tasks. Instructions: -Read the IMA case article: Funds Transfer Pricing and Segment Profitability- The Case of Adriatic Bank. Peter Novak has asked you, the management...

Q:

Consider the following list of project activities: Duration Activity Predecessor (months) ABCDE A F G A DA C, D B, E F 5 6 3.5 4.5 6 5 3.5 a. Draw an Activity on Node (AON) diagram to reflect the...

Q:

Explain how a traditional health insurance system may lead to over-consumption of health care services and procedures. How is this situation affected if a high deductible (perhaps $5000) were imposed...

Q:

The Nike swoosh and the Geico Gecko are examples of intangible assets. Group startsTrue or False True, unselectedFalse, unselected

Q:

2023 1040 form 1.Phillip and Claire are married and file a joint return. Phillip is self-employed as a real estate agent, and Claire is a flight attendant. Phillip and Claire have three dependent...