When you withdraw cash from your banks ATM, what happens to the size of the Feds balance

Question:

When you withdraw cash from your bank’s ATM, what happens to the size of the Fed’s balance sheet? Is there any reason for the Fed to react to your action?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

See More Books

Question Posted: Oct 02, 2014 08:12 AM

See More Questions

What happens to the size of the air bubbles released by a diver as they rise?
Is there any reason for Gandor to revise the composition of its capital (debt and equity) obtained from the United States when financing joint ventures like this?
Is there any reason to think that SKI may be holding too much inventory? If so, how would that affect EVA and ROE?
The slurry of Prob. 29.3 is to be filtered in a press having a total area of 8 m 2 and operated at a constant pressure drop of 2 atm. The frames are 36 mm thick. Assume that the filter medium...
A unity feedback control system for a robot submarine has a plant with a third-order transfer function [20]: We want the overshoot to be approximately 7.5% for a step input and the settling time...
Find, if possible, AB and BA. If it is not possible, explain why. A = [138] B = 5 7
3. MarineCo has no debt but does have unfunded pension liabilities valued at $200 million, recorded as a long-term other liability. MarineCo has detailed in its annual report a potential legal...
Of the many reimbursements and allowances that U.S. companies make for employees who take foreign assignments, which one is the most essential? Discuss your reasons.
True or False? - wwUUULUIC. wwwv, us 1053 WIII - 10. A C corporation generally can be incorporated tax-free under Sec. 351 regardless of boot paid by transferors. - 11. A change of tax accounting...
ClaimsRUs Corp. is the defendant in three lawsuits: Claim 1: It is possible that the lawsuit will be successful. Damages are estimated at $1.5 million. Claim 2: It is probable that this lawsuit will...
Does theFederal Reserve frequently purchase or sell gold or foreign exchange as part of its efforts to change the money supply?
How did the financial crisis of 2007-2009 affect the size and composition of the balance sheet of the Federal Reserve?
For the following exercises, find the inverse of the functions with a, b, c positive real numbers. f(x) = x 2 + bx
Your friend Amber has approached you seeking advice concerning two investment opportunities that she is presently considering. Her classmate Simone has asked her for a loan of $5,000 to help...
Please read the following carefully. For each question on the exam, you should assume that: 1. unless expressly stated to the contrary, all events occurred in ?the current taxable year;? 2. all...
The pulse rates of 152 randomly selected adult males vary from a low of 37 bpm to a high of 117 bpm. Find the minimum sample size required to estimate the mean pulse rate of adult males. Assume that...
Can I get clear explanation how to work these. Thanking you in advance. 1. A rod 12.0 cm long is uniformly charged and has a total charge of -23.0 uC. Determine the magnitude and direction of the...
Poll Results in the Media USA Today provided results from a survey of 1144 Americans who were asked if they approve of Brett Kavanaugh as the choice for Supreme Court justice. 51% of the respondents...
Under Generally Accepted Accounting Principles (GAAP), a firm that made a product in 2005 and then sold it in 2007 would: a. Show both the revenues and expenses in 2005. b. Show both the revenues and...
Consider the reaction of acetic acid in water CH 3 CO 2 H(aq) + H 2 O(l) CH3CO 22 (aq) + H 3 O + (aq) where Ka 5 1.8 3 1025. a. Which two bases are competing for the proton? b. Which is the stronger...
All of the following distinguish project management from other process activities, except: a. There are no fundamental differences between project and process management. b. Project management often...
Much of the U.S. government debt is held by foreign investors as treasury bonds and bills. How do fluctuations in the dollar exchange rate affect the value of that debt held by foreigners?
The following table lists foreign exchange rates between U.S. dollars and British pounds (GBP) during April. Which day would have been the best for converting $200 into British pounds? Which day...
What was the main cause of the recession that began in 2007?
You are the digital marketing director for High West fashions, a regional clothing company that specializes in custom t-shirts. Your company has decided to launch an online advertising campaign that...
In-the-money put options will automatically get exercised at the expiration. True OR False
Which of the following examples of business-use property is NOT eligible for Section 1231 treatment when sold at a gain? * Sale of land held for three years. Net gain from a casualty gain on a dump...

When you withdraw cash from your banks ATM, what happens to the size of the Feds balance

Question:

Step by Step Answer:

The reserves held by your bank at the Fed decline but there is a larger volume of curre...View the full answer

Money Banking and Financial Markets

Students also viewed these Banking questions