Clear and accurate communication sometimes involves using metaphors during negotiation, which are defined as talking about one thing in terms of another.
Answer the following statement true (T) or false (F)
True
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The reserve requirement is 0 percent on the first $6.0 million in transaction deposits, 3 percent on amounts between $6.0 million and $42.1 million, and 10 percent on amounts above $42.1 million.The First Bank of Boston has the following assets and liabilities (all amounts in millions of dollars):
Assets Reserves$5.0 Loans$345.0 Securities$70.0 Liabilities + Capital Transaction deposits$75.0 Nontransaction deposits$315.0 Equity capital$30.0 ? a.Calculate the bank's excess reserves. Show your work. b.Suppose First Bank makes a loan to a customer equal to the amount of the excess reserves you found in part a. Calculate the bank's excess reserves before the customer spends the proceeds of the loan. Show your work. c.Now suppose the customer spends the proceeds of the loan. Calculate the bank's excess reserves. Show your work. What will be an ideal response?
Describe the standby arrangement facility provided by the IMF
What will be an ideal response?
Jill invented a new type of device to control dog barking without harming the dog. A month later, Sam independently invented an almost identical type of device. Sam filed for a patent immediately. When Jill became aware of his filing, she also filed for
patent protection. Assuming that there is no statutory bar, between Jill and Sam, who should be awarded the patent prior to September 16, 2003 and why? What about after September 16, 2013? What law affects the result after September 16, 2013? What would the result be in most other countries?
Some events cannot occur together because the occurrence of one event makes the occurrence of the second event impossible. Such events are called
A) dependent events. B) independent events. C) conditional events. D) mutually exclusive events.