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Monetary policy
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You are reviewing your targets for short-term cash reserves next year. You wish to carry at least twenty days’ cash on hand. If annual budgeted cash expenses are $48,000,000, what amount of short-term cash reserves should be targeted? Show calculations.
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Business
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Economics Suppose that Third Fidelity Bank currently has $200,000 in demand deposits and $130,000 in outstanding loans. The Federal Reserve has set the reserve requirement at 10%. I need these answer
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Business
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If bank deposits at the Fed equal $40 million and reserves equal $43 million, then how much does vault cash equal?
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Monetary policy
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What is meant by reserve borrowing capacity?
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