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Hello can someone help reword this assignment. It's only one paragraph, I really need help with doing this and if possible I can have it
Hello can someone help reword this assignment. It's only one paragraph, I really need help with doing this and if possible I can have it by today. It's only one paragraph. Thanks a lot.
Chapter 4 Exercise 2 As the executive of a bank or thrift institution you are faced with an intense seasonal demand for loans. Assuming that your loanable funds are inadequate to take care of the demands, how might your reserve bank help you with this problem? Monetary policy is one part that I think that can be use by promoting economic stability. I think that it helps the money supply contracts and expand as dictated by economic conditions, serve as banker's banks in time of economic crisis, provide a more effective check clearance system, and establish a more effective regulatory system. Meeting the credit needs of individuals and institutions, clearing checks, and supporting depository institutions represent accommodative activities. They might can change reserve requirements, the discount rate, and conduct open market operations. Lastly, I know that the FED serve as a lender to depository institutions but banks can go to the FED's discount window and borrow funds to meet reserve requirements, depositor withdrawal demands, and even business loans demands. The FED sets the interest rate on the loans to the bank and thus can influence the money supply by raising or lowing the cost of borrowing from the fed. Loans to depository institutions by the reserve banks can or may take 2 forms. 1. One options allow the borrowing institutions to receive an advance or loan secured by its own promissory note together with eligible paper that they own. 2. The borrower may discount or sell the reserve bank its eligible paper, which include securities of the U.S. government and federal agencies, promissory note, mortgages of acceptable quality, and bankers' acceptance. CAN YOU PLEASE CHANGE THIS ASSIGNMENT WRITTEN UP ABOVE IN RED (TO MY OWN WORDS). This was given to me but I don't want to turn in someone else's work. Can you please reword it for me. PLEASE AND THANK YOUStep by Step Solution
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