The First National Bank has reserves of $200‚000 and demand deposits equal to $1‚500‚000. The reserve ratio is 10 percent. How much in excess reserves does the bank now have? What is the maximum amount the bank could currently lend out? try to work it out‚ and show all work. (TCO F) Suppose nominal GDP in 2000 was $8 trillion and in 2001 it was $10 trillion. The general price index in 2000 was 100 and in 2001 it was 105. Between 2000 and 2001 real GDP rose by what percent? Show your work.
Premium Investment Generally Accepted Accounting Principles Balance sheet
The intent of the Missouri Compromise was to solve the problem of unequal representation between slave and free states in the Union and‚ hopefully‚ bring peace between the North and South. In 1818‚ Missouri requested to join the Union as a slave state. Louisiana had already been admitted as a slave state. Congress was concerned that adding another slave state would upset the balance between the number of free and slave states. James Tallmadge of New York proposed an amendment that would require
Premium Slavery in the United States American Civil War United States
ways were protected slave’s right. We know today’s constitution is changed many times‚ so some way is different with the original constitution. In the original constitution some ways did address slavery but some aspects not mentioned. “Three Fifth compromises” is a clause about the slavery. This clause made slave counted to three fifth human when the voting. This clause let slaves
Premium United States American Civil War Slavery in the United States
Nithin Alexander ! Atlanta Compromise Speech Analysis! ! Given just thirty years after the Emancipation Proclamation‚ “The Atlanta Compromise Address” effectively explained Booker T. Washington’s vision for the economic integration of African Americans into the Southern economy. Washington was a realist who didn’t seek social equity for African Americans in the short run‚ rather economic and educational advancement. This speech’s goal is to promote gradual change that will benefit the African
Premium American Civil War Negro Race
The Compromise of 1850 was a series of measures proposed by Henry Clay. It was passed by Congress in an effort to settle outstanding issues with slavery and to avert the threat of dissolution of the Union. The crisis arose from the request of California admitted to the Union as a free state. The problem was complicated by the unresolved question of slavery’s extension into other areas ceded by Mexico the preceding year. Clay’s purpose was to maintain a balance between free and slave states and to
Premium American Civil War Slavery in the United States United States
Civil War‚ compromise was a main part in the governing of the United States. The Constitution itself is often referred to as a “bundle of compromises” and because of the effectiveness of these compromises it has been able to withstand time and continue to be the main source of our government. Conflict arose even after the Constitution and compromises were made to try to keep the Union together and decrease tensions between the North and South. In this paper‚ I will discuss the compromises that made
Premium Slavery in the United States Compromise of 1850 American Civil War
The rupture in the United States that the argument over slavery had made was far too deep and wide to be mended by compromises alone. During the early 1800s‚ Americans were optimistic about fixing the slavery issue by passing laws and bills that satisfied both the North and South‚ but they were proved largely ineffective. It seems that sectionalism had begun to overcome nationalism. Northerners tended to not only disagree with themselves having to comply with fugitive slave laws and with slavery
Premium Slavery in the United States Compromise of 1850 American Civil War
Constitution DBQ (rewrite) Prompt: Various concerns lead to the demise of the Articles of Confederation and the adoption of the United States Constitution. Discuss these concerns and the compromises that were made to arrive at the Constitution that is still in place today in the United States. The Articles of Confederation established the first governmental structure unifying the thirteen colonies and went into effect on March 1‚ 1781. Its purpose was to create a confederation of states where
Premium United States Constitution Slavery in the United States American Civil War
Compromise helped delay the Civil War by maintaining the balance of both slave and free states‚ discontinuing the slave trade in Washington D.C. and returning slaves to their original owners with the Fugitive Slave Act‚ The Missouri Compromise of 1820 maintained the balance of slave and free states for 30 years. This kept the North and south satisfied. Missouri was added as a slave state and to sustain the equality between both sides‚ Maine was carved out of Massachusetts and added as a free
Free Compromise of 1850 Slavery in the United States American Civil War
First thing first‚ what is the compromise of 1850? The compromise of1850 was a set of five bills that eventually lead to the civil war. Its purpose was to keep away confrontation between the northern free slave states and the southern slave states and keep the nation united. The first bill consist of California being admitted to the union as a free state. The second bill allowed New Mexico and Utah settlers to vote on an issue. The third bill relied on Texas loosing New Mexico territory‚ but $10
Premium United States American Civil War Slavery in the United States