Answer:
are intertwined. It is not just that most money is in the form of bank accounts. The banking system can literally create money through the process of making loans. Let’s see how.
Start with a hypothetical bank called Singleton Bank. The bank has $10 million in deposits. The T-account balance sheet for Singleton Bank, when it holds all of the deposits in its vaults, is shown in Figure 1. At this stage, Singleton Bank is simply storing money for depositors; it is not using these deposits to make loans, so it cannot pay its depositors interest either.
The assets are reserves ($10 million). The liabilities + net worth are deposits ($10 million).
Figure 1. Singleton Bank’s Balance Sheet: Receives $10 million in Deposits.
Singleton Bank is required by the Federal Reserve to keep 10% of total deposits, or $1 million, on reserve to cover withdrawals. It will loan out the remaining $9 million. By loaning out the $9 million and charging interest, it will be able to make interest payments to depositors and earn interest income for Singleton Bank and make interest payments to depositors (for now, we will keep it simple and not put interest income on the balance sheet). Instead of becoming just a storage place for deposits, Singleton Bank can become a financial intermediary between savers and borrowers.
This change in business plan alters Singleton Bank’s balance sheet, as shown in Figure 2. Singleton’s assets have changed; it now has $1 million in reserves and a loan to Hank’s Auto Supply of $9 million. The bank still has $10 million in deposits.
The assets are reserves ($1 million) and loan to hank’s auto supply ($9 million). The liabilities + net worth are deposits ($10 million).
Figure 2. Singleton Bank’s Balance Sheet: 10% Reserves, One Round of Loans
Singleton Bank lends $9 million to Hank’s Auto Supply. The bank records this loan by making an entry on the balance sheet to indicate that a loan has been made. This loan is an asset, because it will generate interest income for the bank. Of course, the loan officer is not going to let Hank walk out of the bank with $9 million in cash. The bank issues Hank’s Auto Supply a cashier’s check for the $9 million. Hank deposits the loan in his regular checking account with First National. The deposits at First National rise by $9 million and its reserves also rise by $9 million, as Figure 3 shows. First National must hold 10% of additional deposits as required reserves but is free to loan out the rest.
The assets are reserves (+ $9 million). The liabilities + net worth are deposits (+ $9 million).
Figure 3. First National Bank’s Balance Sheet: Required 10% Reserves
Since the loan to Hank was deposited into a demand deposit account (Hank’s checking account), the loan increases the M1 money supply. Making loans that are deposited into a demand deposit account increases the M1 money supply. Remember the definition of M1 includes checkable
Explanation:
Because all currencies are fiat currencies, which means they are NOT backed by gold & silver. This allows private banks to create money out of thin air and lend it to governments. This is the root of inflation and the recent financial crisis.
If you think about the following: 2,000 years in Ancient Rome you could walk into a clothes store and with a one ounce gold coin you could buy yourself a nice robe, sandals, etc. and get well dressed for one gold coin. Today you walk into a department store in NYC, London, Milan or Tokyo and with a one ounce gold coin you can buy yourself a suit, shirt, tie, socks, shoes & belt. The value of a one ounce gold coin today in just over USD$1,700. Interesting to see that a gold coin 2,000 years ago buys you the same today.
If you look into monetary history you'll find that every time currencies were backed by gold & silver there was no inflation and economy thrived. The sooner we go back to this system, the sooner the economy will sort itself out.
The good thing is that the Swiss government are going to have circulate Swiss Franc gold coins as an alternative currency to the paper money Swiss France in Autumn this year. In Utah, USA a silver coin currency is already circulating as an alternative to the US dollar, 12 other US states are about to follow. Also the Mexican government is about to approve the circulation of silver coins as an alternative to the peso. So it's already coming...
What event was the New Deal a reaction to?
Answer:
It was a reaction to the Great Depression and was signed by President FDR.
Explanation:
The Diary of Anne Frank Act 2 Quiz
Peter asks the police about his cat Mouschi.
True
False
Carl, a worker, asks Mr. Kraler for money when he mentions Mr. Frank to him.
True
False
Anne prepares to meet her father at the beginning of Scene 2.
True
False
Margot is jealous of Anne.
True
False
Peter kisses Anne at the end of their meeting.
True
False
Mr. Van Daan attempts to steal cigarettes.
True
False
Miep comes to tell everyone about the invasion.
True
False
Mr. Frank wants to celebrate with cognac when he hears about the invasion.
True
False
Mr. Dussel is concerned about the ringing phone at the beginning of Scene 4.
True
False
Mr. Van Daan blames his wife for them not leaving the country.
True
False
Anne wishes Peter had a religion.
True
False
Mr. Frank has Anne's diary at the end of the play.
True
False
The play ends during the month of April.
True
False
Mr. Frank is with Miep and Mr. Kraler at the end of the play.
True
False
Answer:
This All Questions are from quizlet. Search for question and you will get answers :)
of the following which country received their independence first A Chad B Madagascar C Lesotho Egypt
Answer:
Explanation:
Lesotho Egypt
Lesotho: country received their independence first. Thus, option C is the correct option.
What is Lesotho known for?One of the few spots on Earth where you can fully observe the galaxy above is Lesotho, which is renowned for its stunning beauty and includes mountain ranges that are covered with snow throughout the winter. No other country on earth has a base elevation of 1,400 meters, and more than 80% of Lesotho is 1,800 meters above sea level, making it the nation with the "highest lowest point" of all.
As a result, it is also known as "The Mountain Kingdom," "The Roof of Africa," and "The Kingdom in the Sky." Lesotho is a nation within a nation that is encircled by South Africa on all sides. It is only 50 minutes away by flight from Johannesburg, which is located around 300 miles to the south. Lesotho is a country with a high height, at 2,161 meters above sea level.
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HELP PLEASE GOD Which of the following is true about an
estuary?
It is all fresh water.
It is all salty water.
It has very few organisms.
It is affected by tides.
It is all salty water.
Answer:
it is affected by tides
Explanation:
ye
Why should choose the Spanish American war as my topic?
what led napoleon to invade russia which eventually led to his downfall
a. Russia refused to follow continental system
b. Russia aligned with Britain
c. russia aligned with Prussia
d. russia had all the oil
Answer:
British allies, including Sweden and Portugal, refused to comply, which resulted in damaging wars. Russia's withdrawal from the system in 1810 was a motivating factor behind Napoleon's decision to invade Russia in 1812, which proved the turning point of the war and ultimately led to Napoleon's fall.
Explanation:
Hope it helps!
The easiest and most common way most citizens actively participate in the political system at the federal level is by which of the following?
Select one:
A. voting in national elections
B. running for political office
C. watching political news programs
D. lobbying their congressperson on specific policy issues
Question 7 of 12
This list describes the main causes of increasing violence between American
Indians and the U.S. government in the mid-1800s. Which phrase best
completes the list?
Causes of Increasing Violence
Conflicts with white settlers over land
The Homestead Act
American Indians being forced onto reservations
O A. American Indian tribes no longer being recognized as independent
nations
O B. Warfare between American Indian tribes
O C. New laws protecting American Indjan lands from being occupied
by white settlers
O D. New slave states being added to the country
PREVIOUS
Answer:
the answer is C if im correct
Explanation:
What is an ayatollah?
a religious leader of Iran
a person or group following a strict set of principles
the term for a king of Iran
the act of doing what is required
A religious leader of Iran is an ayatollah. Hence, option A is correct.
Who is ayatollah?From 1979 until his death in 1989, the Ayatollah Ruhollah Khomeini oversaw Iran's Islamic revolution, liberated it from the rule of the Shah, and established a theocracy there.
a list of Ayatollah Khomeini definitions. Shi religious leader of Iran; from 1900 to 1989; after the fall of the Shah Pahlavi dynasty, Khomeini constructed a new constitution granting him absolute power. synonyms for Ruholla Khomeini include Ayatollah Khomeini and Khomeini. a good illustration of this is a religious leader or an order leader.
Born into a mullah family, Ayatollah Ruhollah Khomeini received his education in Islamic religious institutions. He made his home in Qom, Iran, one of the main intellectual hubs for Shi'a Islam, in 1922.
Thus, option A is correct.
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How was Justinian similar to some of the Roman emperors of the past? How was his rule both similar and different from the struggles emperors faced in old Rome?
Answer:
Justinian I served as emperor of the Byzantine Empire from 527 to 565. Justinian is best remembered for his work as a legislator and codifier. During his reign, Justinian reorganized the government of the Byzantine Empire and enacted several reforms to increase accountability and reduce corruption.
Explanation:
The Byzantine Empire's emperor from 527 until 565 was Justinian I. Most notably, Justinian is renowned for his work as a legislator and codifier. During his reign, Justinian overhauled the Byzantine Empire's political system and implemented a number of reforms to increase transparency and reduce corruption.
What do you know about Roman emperor?An emperor was typically proclaimed by his troops, given imperial titles by the Senate, or both, depending on whether he had authority over the army and the Senate recognized him as the ruler. The early emperors ruled by themselves; later emperors occasionally shared imperial power with co-emperors.
The Romans distinguished between a king's role and that of emperor. Augustus, the first emperor, steadfastly rejected acceptance as a ruler. Attempts were made to represent the emperors as leaders of the republic for the first 300 years of the Roman emperors' rule, from Augustus to Diocletian, out of fear of any association with the kings of Rome who reigned before the Roman Republic.
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A criticism of the Works Progress Administration’s creation of artistic and infrastructure jobs was that Roosevelt was enacting a second New Deal. that Roosevelt was treating the wealthy unfairly. that the program gave too much power to the government. that the program took too much power from the government.
Answer:
that the program gave too much power to the government.
Explanation:
Franklin Delano Roosevelt was an American politician and statesman who was elected as the 32nd President of the United States of America in 1933. He was born on the 30th of January, 1882 in Hyde Park, New York, United States of America.
The Works Progress Administration (WPA) was an American agency that was established on the 6th of May, 1935 by President Franklin Roosevelt with Executive Order No. 7034, under the New Deal Programs (relief program).
The main purpose of the Works Progress Administration (WPA) was to provide employment opportunities for millions of job-seekers during the Great Depression. This program employed mostly unskilled workers to carry out or execute public works infrastructure projects such as construction of roads, public school buildings, hospitals, bridges, airfields, drainage and sanitary sewer lines, and the plantation of trees.
Furthermore, the Works Progress Administration (WPA) sponsored projects in the arts by employing thousands of writers, musicians, actors, and other skilled artists.
However, the Works Progress Administration’s was highly criticized for its creation of artistic and infrastructure jobs because people felt the program gave too much power to the government.
Answer:
C
Explanation:
The items in the box above are government programs that were started during President Lyndon Johnson's administration. What was the name given to President Johnson's domestic programs
Answer:
The Great Society.
Explanation:
"The Great Society" was a term used for the various programs launched by President Lyndon B. Johnson during his presidency. The collective term would become his major agenda for his tenure as the President.
Project Head Start focused on the importance of education among the poor, while Medicare focuses on the health care system, especially among older citizens. Also, the Volunteers in Service to America (VISTA) deals with volunteering programs to help navigate poverty among the needy.
Thus, the name given to the domestic programs started during President Johnson's term is "The Great Society".
Expliquer quelle est la place de l’artisanat dans les villes médiévales ?
Answer:
French version: tout comme aujourd'hui, les gens de l'époque médiévale avaient besoin de vêtements, de chaussures, de médicaments, etc. Ainsi, les artisans de différentes professions étaient vitaux pour le commerce et les affaires collectifs. Par exemple, les tanneurs se sont spécialisés dans la fabrication du cuir, ce qui était important pour les cordonniers et les cordonniers.
Spanish version: Al igual que en los tiempos de hoy, la gente de la época medieval necesitaba ropa, zapatos, medicinas, etc., de forma regular. Por lo tanto, los artesanos de diferentes ocupaciones eran vitales para el comercio y los negocios colectivos. Por ejemplo, los curtidores se especializaban en la fabricación de cuero, que era importante para los zapateros y zapateros.
English version:
very much like today's times, people in the medieval period needed clothing, shoes, medicine, etc., on a regular basis. Thus, craftsmen of different occupation were vital for collective trade and business. For instance, tanners specialized in making leather, which was important to cobblers and shoemakers.
Explanation:
Hope it helps!
20 POINTS
7. Read the following passage from "The Happy Man"
"Tell me,
Uncle Bashir," he asked the servant, "am I a happy man?"
The poor man was startled. He realized why his servant was confused; for the first
time ever he was talking to him as a colleague or friend. He encouraged his servant
to forget about his worries and asked him with unusual insistence to answer his
question
"Through God's grace and favor, you are happy," the servant replied.
"You Lean, I should be happy. Anyone with my job, living in my house, and
enjoying my health should be happy. That's what you want to say. But do you
think
I'm really happy?"
The servant replied, "You work too hard, Sir": after yet more insistence. "It's more
than any man can stand..."
A11 of the following could be used to describe Uncle Bashir's tone except
O awkward.
O insistent.
Ohesitant.
O worried
Uncle Bashir is having a conversation with his servant and he is asking the servant if he is a happy man?
Uncle Bashir is hesitant as he speaks to his servant
What is hesitant?Hesitant is the act of being slow, more elaboratively when people are unsure about a certain behavior, usually the people are called to be hesitant.
Uncle Bashir as speaking in the passage shows that he is hesitant while he is speaking to his servant.
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Henry IV, a French Huguenot, converted to Catholicism to win support of government officials. Please select the best answer from the choices provided T F
Answer: True
Explanation:
Henry IV was a direct descendants of Saint-King Louis IX. During the French Wars of Religion,he was involved.
Henry IV, a French Huguenot, converted to Catholicism to win support of government officials. He also led the Protestant forces against the royal army. Therefore, the correct option is True.
Which of the following best explains why a Senator might wish to have a press conference to explain a recent vote in Congress that might upset people?
A) To focus on upcoming legislation that more people like
B) To address the concerns of a majority of voters before voters become displeased
C) To appear confident in a decision despite the criticism of a few
D) To make sure voters know that the decision was not the Senator's but the party's
What happened at Pearl Harbor on
December 7, 1941?
Answer: Air Raid On Pearl Harbor. On December 7, 1941, Japanese planes attacked the United States Naval Base at Pearl Harbor , Hawaii Territory, killing more than 2,300 Americans. The U.S.S. Arizona was completely destroyed and the U.S.S.
Explanation:
Answer:
Air Raid On Pearl Harbor. On December 7, 1941, Japanese planes attacked the United States Naval Base at Pearl Harbor , Hawaii Territory, killing more than 2,300 Americans. The U.S.S. Arizona was completely destroyed and the U.S.S.
Explanation:
What is the definition of the Turkish flag? What does it convey?
Answer:
The cresent is represented as islamics religions and the star represents independence. It conveys that turkey is a nice and friendly country.
Answer:
The crescent in the Turkish flag is a symbol of islam and there is also a story that explains it.
Explanation:
Turkey is mostly a muslim country and the crescent in the flag symbolizes Islam. There was also a story that goes with the flag. After a big war, the moon in a crescent shape, and a star was shining over all the blood lost during the war.
La idea de José Batlle y Ordóñez era lograr en Uruguay una sociedad más justa e igualitaria a partir de reformas sociales y laborales. Verdadero Falso
La respuesta correcta es "verdadero."
Es cierto que la idea de José Batlle y Ordóñez era lograr en Uruguay una sociedad más justa e igualitaria a partir de reformas sociales y laborales.
José Batlle y Ordóñez (1856-1929) fue un político uruguayo que ocupó la presidencia de Uruguay por dos periodos.
Su creencia era que el Estado tenía que ser el responsable de genera las condiciones económicas para beneficio del país por medio de una serie de reformas a las leyes imperantes en su época. Consideraba que el Estado debía ser el motor generador de la economía de Uruguay. Este Estado benefactor ayudaría al fortalecimiento de la clase media uruguaya que sería el motor de una economía regulada por el propio gobierno.
Today the world is heavily dependent on
for motive power, lubrication, fuel,
dyes, drugs, and many synthetics. The widespread use of
has created serious
environmental problems. The great quantities that are burned...generate most of the air
pollution in industrialized countries, and (spills have) polluted oceans and coastlines.
--The Columbia Electronic Encyclopedia, 6th ed., 2007
Which of these natural resources correctly fills in the blanks in this excerpt? (TEKS 27D)
0 Iron
O Petroleum
Coal
O Gold
Answer:
i
Explanation:
dont know hahahahhahahah hindi ko po alam yubg sagot
Which New Deal program was responsible for correcting abuses in the stock market?
Which of the following statements shows the impact of the Greensboro sit-ins?
A. The students spread the word through speeches and editorials.
B. The protestors pushed back against the people that opposed them.
C. The movement had spread to more than 50 cities within a few months.
D. They used violence to achieve their goals.
Answer:
A is the correct answer
Explanation:
That shows the impact
Which best explains why WWII happened? *
Germany broke the Treaty of Versailles and took over a bunch of other countries before other powerful countries tried to stop them.
Japan bombed Pearl Harbor.
Germany attacked the Soviet Union even though Hitler and Stalin had agreed not to fight each other.
Germany sent a secret telegram to Mexico asking them to help defeat the United States. When the U.S. found out they were furious and invaded Germany.
Answer:
45 h4. gm t
Explanation:
Answer:
Japan bombed pearl harbor
Did the Renaissance improve the lives of women or did it entrench women further into
traditional gender roles?
Answer:
The question of “did women have a renaissance” is not something that has not been asked before. In 1977 Joan Kelly wrote an essay addressing this question specifically. In the Renaissance, when the political systems changed from the Medieval feudal systems, women of every social class saw a change in their social and political options that men did not. Celibacy became the female norm and "the relations of the sexes were restructured to one of female dependency and male domination" (Kelly 20). Women lived the life of the underlying sex. Men ruled over everything, even through half a century of Queens.
“When England was ruled for half a century by Queens but women had almost no legal power; When marriage, a women’s main vocation, cost them their personal property rights; when the ideal women was rarely seen and never heard in public; when the clothes a women wore were legally dictated by her social class; when almost all school teachers were men; when medicine was prepared and purified at home; when corsets were
constructed of wood and cosmetics made of bacon and eggs; when only half of all babies survived to adulthood?" (Hull 15).
The above passage says a lot about women in the Renaissance. The role of women was a very scarce role. Women were supposed to be seen and not heard. Rarely seen at that. Women were to be prim and proper, the ideal women. Females were able to speak their minds but their thoughts and ideas were shaped by men. Mostly everything women did had input given by men. Women were controlled by her parents from the day she is born until the day she is married, then she would be handed directly to her husband so he could take over that role. In the time of the renaissance women were considered to legally belong to their husbands. Women were supposed to be typical ‘housewives.'
Explanation:
do anaconda 's really exist if yes tell me where its found
Currently, there are four species of anaconda distributed by Brazil, Colombia, Peru, Guyana, Venezuela, Paraguay and Trinidad Island.
Answer:
They are found in tropical South America. Four species are currently recognized.
(also- for a split SECOND- I thought you were talking about the song I-)
How did racism change against minorities begin to change after the Civil Rights Movement ?
Answer:
The civil rights movement was a struggle for justice and equality for African Americans that took place mainly in the 1950s and 1960s.
Explanation:
Which of the following does not correctly describe new technology used in ww1
Answer:
Which of the following does not represent advances in technology during World War I? It would be "Cannons" that does not represent advances in technology during World War I, since in fact cannons had been used in warfare for quite some time before this.
Explanation:
Hope it helps!
List the following events in the correct chronological order
Answer:
The Boston Massacre occurred
The Boston Tea Party occurred
Parliament passed the Coercive Acts
this is the order
Explanation:
The Boston Massacre occurred on 5 March 1770
The Boston Tea Party occurred on 16 December 1773
The Parliament passed the Coercive Acts on 31 March 1774
What is the difference between the Medicare and Medicaid programs?
• Medicare provides health care for older people, while Medicaid provides health care for pec
Medicare provides food stamps for people with low incomes, while Medicaid provides hous
incomes.
Medicare provides food stamps for older people, while Medicaid provides housing for older
Medicare provides housing for people with low incomes, while Medicaid provides health ca
incomes.
Answer:
A. Medicare provides health care for older people, while Medicaid provides health care for people with low incomes.
Explanation:
Which action was intended to promote human rights?
Answer:
Jimmy Carter pressured U.S. Allies to change the way they treated their own people.
Explanation: