Which of the following is true regarding the structure of the Federal Reserve System? Central Power Regional Power Policy Making Board Board of Governors Federal Open Market Committee 12 Reserve Banks Central Power Regional Power Policy Making Board Board of Governors 12 Reserve Banks Federal Open Market Committee Central Power Regional Power Policy Making Board 12 Reserve Banks Board of Governors Federal Open Market Committee Central Power Regional Power Policy Making Board Federal Open Market Committee 12 Reserve Banks Board of Governors

Which of the following is true about Central Bank Digital Currencies (CBDCs)? Central Bank Digital Currencies are always built on the Ethereum network. Central Bank Digital Currencies are always centralized and never exist on another blockchain network. Central Bank Digital Currencies are not being developed to any real degree outside of a few small countries. There are several competing approaches to Central Bank Digital Currencies including centralizations, decentralization, and building CBDCs on another blockchain. Answer correctly and explain it properly within 40mins will give you positive feedback.

Q12. The following is hypothetical financial information about the US economy. What is M1 and M2? Items Amounts owed on credit cards Amount $279 billion Traveler's checks held by the public Savings deposits $38 billion $400 billion Credit limits on credit cards $514 billion Bills and coins in circulation $615 billion Checking account deposits $905 billion Small time deposits $2,321 billion Mutual funds held by public $2,956 billion M1 is $1,958 billion and M2 is $7,235 billion. M1 is $1,558 billion and M2 is $7,235 billion. M1 is $1,958 billion and M2 is $7,514 billion. M1 is $1,558 billion and M2 is $7,514 billion.

Big bucks bank Assets                                                                               Liabilities Total reserves  $30mm                                              demand deposits $190mm Loans                   $100mm Bonds                   $100mm                                                                                       Stockholder equity   $40 mm   Suppose the required reserve ratio is 10%. What is the maximum amount of money Big buck bank can create?  If the reserve ratio is increased to 14%, what is the maximum amount of money BBB can create? 3 If the reserve ratio is still at 10% and BBB chose to buy bonds instead of making loans with its excess reserves,  what is the maximum amount of money BBB can create? a) From question #1 & #3, if the prospective Loans and Bonds both paid interest of 6.8%, which strategy would be more profitable for BBB?  b) If BBB decided to pursue #1 as a strategy, what is the maximum money making potential of the banking…