Question: What is a float? Describe how it affects bank reserves and the Federal Reserve's balance sheet. What factors affect the size of float?

What is a float? Describe how it affects bank reserves and the Federal Reserve's balance sheet. What factors affect the size of float?

Step by Step Solution

★★★★★

3.28 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Float is technically the difference between the Fed balance sheet entrie... View full answer

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

Document Format (1 attachment)

Word file Icon

1456-B-B-F-M(4572).docx

120 KBs Word File

Students Have Also Explored These Related Banking Questions!

Q:

Describe how each of the following events affects stock and bond prices. a. The economy enters a recession. b. A genius invents a new technology that makes factories more productive. c. The Federal...

Q:

Bank Three currently has $ 600 million in transaction deposits on its balance sheet. The Federal Reserve has currently set the reserve requirement at 10 percent of transaction deposits. a. If the...

Q:

BSW Bank currently has $ 150 million in transaction deposits on its balance sheet. The Federal Reserve has currently set the reserve requirement at 10 percent of transaction deposits. a. If the...

Q:

a. What are the three basic functions of money? A medium of exchange, a record of account, and assessment of value An account of exchange, a medium of account, and store of value A medium of...

Q:

Please the above article (Please I need this work urgently ) and please submit correct and relevent answer. Write the following for me. 1. Summary of the study 2. Literature review: The main...

Q:

Please the above article (Please I need this work urgently ) and please submit correct and relevent answer. Write the following for me. 1. Summary of the study 2. Literature review: The main...

Q:

Hi again! I need help with the attached homeworks to be completed ASAP. Are you available? Thank you! Assignment 6 Name: The Fed and Monetary Policy (Chapter 9 & 10) 1. Go to...

Q:

IfyouhaveplayedaSimulationcalledProBankerIneedhelpansweringthesequestionsassoonaspossible from the pro bankerassignment attachment..please use spreadsheet and players manual for reference. Need...

Q:

1. When it comes to financial matters, the views of Aristotle can be stated as: a. usury is nature's way of helping each other. b. the fact that money is barren makes it the ideal medium of exchange....

Q:

1. Of the following statements, which explain why the crowding-out effect indicates government spending increases that are financed by the sale of Treasury bonds to the public will not necessarily...

Q:

Valerie is a production worker at a large automobile manufacturing plant. After working there for 10years, she discovers through conversations with a colleague with the same title and similar...

Q:

You are given that (i) the stock price process is dS(t) = 0.16S(t)dt + 0.32S(t)dz(t), where Z(t) is a standard Brownian motion under the risk neutral measure. (ii) the stock pays dividends...

Q:

CHALLENGE Vitamin A deficiency in children from Papua New Guinea. In the Papua New Guinea study that provided the data for the previous two exercises, the researchers also measured serum retinol. A...

Q:

6. The basic idea behind the game theory approach to oligopolistic price behavior is a. collusion. b. price leadership. c. mutual interdependence. d. price discrimination. e. brand multiplication.

Q:

Current technology allows large bank depositors to withdraw their funds electronically at a moments notice. They can do so all at the same time, without anyones knowledge, in what is called a silent...

Q:

Explain why financial institutions such as pension funds and insurance companies are not as vulnerable to runs as money market mutual funds and securities dealers.

Q:

Explain the link between falling house prices and bank failures during the financial crisis of 2007-2009.

Q:

HELPPLZ each year for 10 years. How much money should you plan to deposit in your retirement each year? Instead of using Solver, use PV and PMT to solve for annual deposit:...

Q:

A B D E F E17-2 (LO 1, 2, 4) Weighted Average Number of Shares Gogeon Inc. is publicly traded and uses a calendar year for financial reporting. The company is authorized to issue 50 million common...

Q:

2. Asuma que las transacciones del mes de noviembre, para KAT. Co., son las siguientes \begin{tabular}{|l|l|l|} \hline & a. & Recibi efectivo por $60,000 de los inversionistas a cambio de acciones...