A commercial bank sells a treasury bond to the federal reserve for $100,000. (assume that all proceeds from this bond sale are lent out) the money supply: decreases by $100,000. is unaffected by the transaction. increases by $100,000.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A commercial bank sells a treasury bond to the federal reserve for $100,000. (assume that all proceeds from this bond sale are lent out) ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Payne, Inc., a nonpublicly traded company, implemented a defined benefit pension plan for its employees on January 2, year 2.
Answers (1)
Gt company has $200 in cash, $500 in accounts receivable, and $700 in inventory. the company also has $200 in accounts payable and $200 in unearned sales revenue. what is the company's quick ratio? a. 2.25 b. 3.00 c. 1.75 d. 3.50
Answers (1)
Larned Corporation recorded the following transactions for the just completed month. $86,000 in raw materials were purchased on account. $84,000 in raw materials were used in production.
Answers (1)
One purpose of closing entries is to Multiple Choice transfer the results of operations to owner's equity. close all accounts so that the ledger is ready for the next accounting period.
Answers (1)
The stadium is being courted to host weekly UFC events, with each event projected to generate $90,000 in revenue.
Answers (1)
New Questions in Business
During the 16th and 17th centuries many European countries adopted the belief that the best way to have a prosperous country was to heavily regulate the economy and limit imports from other countries while trying to accumulate as much gold and
Answers (1)
Knottworth Gedding Consulting leased machinery from Red Inc. on July 1, 2021. The lease was recorded as a finance lease. The present value of the lease payments discounted at 10% was $40.5 million.
Answers (1)
Which example defines an economic activity?
Answers (1)
Chavez Corporation reported the following data for the month of July: Inventories: Beginning Ending Raw materials $ 31,000 $ 32,000 Work in process $ 18,000 $ 21,000 Finished goods $ 34,000 $ 49,000 Additional information: Raw materials purchases $
Answers (1)
Executives at Southwestern Construction have noticed that the company's construction team in the Phoenix office is more efficient with its resources than the other teams in the Las Vegas, Salt Lake, and Santa Fe offices.
Answers (1)