Question and answer
When a bank keeps $12 from a $100 deposit as legal reserves, it is using a. the Federal Reserve System. c. a legal reserve system. b. a fractional reserve system. d. a fractional deposit system.
Question
Asked 4/30/2015 8:50:03 AM
Updated 4/30/2015 10:13:46 AM
2 Answers/Comments
This conversation has been flagged as incorrect.
g
Get an answer
Original conversation
User: When a bank keeps $12 from a $100 deposit as legal reserves, it is using a. the Federal Reserve System. c. a legal reserve system. b. a fractional reserve system. d. a fractional deposit system.

Weegy: The fractional reserve system allows the Federal Reserve to: . b. a fractional reserve system. en.wikipedia.org/wiki/Federal_Reserve_System
Kaysha|Points 7914|

User: The Federal Reserve System is an independent government agency that was established by __________. A. the Cabinet B. Congress C. the president D. the Supreme Court

Question
Asked 4/30/2015 8:50:03 AM
Updated 4/30/2015 10:13:46 AM
2 Answers/Comments
This conversation has been flagged as incorrect.
New answers
Rating
3
The Federal Reserve System is an independent government agency that was established by Congress.
Added 4/30/2015 10:09:39 AM
This answer has been confirmed as correct and helpful.
Confirmed by Janet17 [4/30/2015 10:34:35 AM], Rated good by Janet17
3
When a bank keeps $12 from a $100 deposit as legal reserves, it is using a legal reserve system.
Added 4/30/2015 10:13:44 AM
This answer has been confirmed as correct and helpful.
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Which of the following explains observations? A. hypotheses B. laws C. theories
Question
Not Answered
Updated 10/9/2018 6:34:59 PM
1 Answer/Comment
Theories explains observations.
Added 10/9/2018 6:34:59 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [10/10/2018 9:26:58 PM]
Define the term nonprofit organization.
Question
Updated 4/29/2015 12:40:28 PM
1 Answer/Comment
A nonprofit organization (NPO, also known as a non-business entity) is an organization that uses its surplus revenues to further achieve its purpose or mission, rather than distributing its surplus income to the organization's directors (or equivalents) as profit or dividends.
Added 4/29/2015 12:40:28 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [4/29/2015 12:42:35 PM]
hen the government runs a deficit, it must sell bonds through this department? a. Department of Commerce c. Department of Defense b. Department of the Treasury d. Department of the Interior
Question
Not Answered
Updated 5/3/2015 2:45:55 PM
1 Answer/Comment
When the government runs a deficit, it must sell bonds through Department of the Treasury.

Added 5/3/2015 2:45:55 PM
This answer has been confirmed as correct and helpful.
Confirmed by selymi [11/12/2015 1:34:20 AM]
Define the term crowding out effect.
Question
Not Answered
Updated 5/2/2015 3:24:45 AM
1 Answer/Comment
Crowding out effect is an economic concept where increased public sector spending replaces, or drives down, private sector spending.


Added 5/2/2015 3:24:45 AM
This answer has been confirmed as correct and helpful.
Brokerage firms provide consumers with accounts to buy and sell stocks, bonds and other securities.
Question
Not Answered
Updated 5/1/2015 4:58:52 PM
1 Answer/Comment
Brokerage firms provide consumers with accounts to buy and sell stocks, bonds and other securities. TRUE
Added 5/1/2015 4:58:52 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [5/1/2015 5:13:55 PM], Rated good by Andrew.
31,866,783
questions answered
Popular Conversations
Which of the following is a reason for the movement of millions of ...
Weegy: A desire for more room -is a reason for the movement of millions of Americans to the suburbs in the 1950s. ...
6/22/2020 6:58:16 AM| 5 Answers
What is matter
Weegy:
6/23/2020 9:22:17 PM| 4 Answers
1. Which EOC configuration aligns with the on-scene incident ...
Weegy: ICS or ICS-like EOC structure aligns with the on-scene incident organization. User: Which EOC configuration ...
6/22/2020 2:52:05 PM| 4 Answers
the mutcd recommends the use of emergency
6/22/2020 2:28:57 PM| 4 Answers
True or False : Drunk Drivers kill two to four time more people than ...
Weegy: Drunk drivers kill two to four times more than people than aggressive drivers. FALSE User: True Or False : A ...
7/1/2020 5:10:43 AM| 3 Answers
Which of the following correctly describes NIMS
Weegy: A systematic approach to incident management correctly describes NIMS. User: The three NIMS guiding ...
6/26/2020 8:45:13 PM| 3 Answers
Which NIMS Management Characteristic refers to the number of ...
Weegy: The National Incident Management System (NIMS) is a standardized approach to incident management developed by ...
6/22/2020 8:48:53 PM| 3 Answers
Select all that apply. Which statements apply to glycolysis? Splits a ...
Weegy: The statement that applies to glycolysis is: Splits a glucose molecule into pyruvic acid.
6/22/2020 10:12:00 AM| 3 Answers
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
S
L
Points 289 [Total 1529] Ratings 1 Comments 279 Invitations 0 Online
S
L
Points 133 [Total 882] Ratings 1 Comments 123 Invitations 0 Offline
S
L
Points 110 [Total 666] Ratings 0 Comments 110 Invitations 0 Offline
S
L
P
Points 106 [Total 4264] Ratings 0 Comments 106 Invitations 0 Offline
S
L
Points 98 [Total 587] Ratings 0 Comments 98 Invitations 0 Offline
S
L
R
R
R
Points 84 [Total 3421] Ratings 0 Comments 84 Invitations 0 Offline
S
L
Points 66 [Total 4050] Ratings 0 Comments 66 Invitations 0 Offline
S
L
P
R
P
R
L
P
P
C
R
P
R
L
P
R
Points 57 [Total 11124] Ratings 1 Comments 47 Invitations 0 Offline
S
L
R
Points 48 [Total 2180] Ratings 0 Comments 48 Invitations 0 Online
S
L
Points 43 [Total 182] Ratings 0 Comments 43 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.