Which is not an issue in the context of Fintech regulation? O Increased technological costs. O Weighing the costs and benefits of regulation for consumers and innovation. O Decentralizing Fintech regulation, which is harder to override by centralized, federal regulation. O Supporting Fintech companies with government funding. O Creating "safe spaces" for Fintech companies to test our their businesses. QUESTION 2 Excess reserves are Insurance from deposit outflow. Suppose you hold 14 million required reserves and 46 million excess reserves at the central bank. The total interest payment on reserves from the central bank is 0,3%. If you do not hold your excess reserves at the bank, you may take loans and earn 4 In average. What is the cost of holding excess reserve at the central bank? O $60.000,000 O $1.665,000 O $1.702.000 O $555.000 O $518,000

SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter6: Losses And Loss Limitations
Section: Chapter Questions
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QUESTION 1
Which is not an issue in the context of Fintech regulation?
O Increased technological costs.
O Weighing the costs and benefits of regulation for consumers and innovation.
O Decentralizing Fintech regulation, which is harder to override by centralized, federal regulation.
O Supporting Fintech companies with government funding.
O Creating "safe spaces" for Fintech companies to test our their businesses.
QUESTION 2
Excess reserves are Insurance from deposit outflow. Suppose you hold 14 million required reserves and 46 million
excess reserves at the central bank. The total Interest payment on reserves from the central bank is 0,3%. If you do not
hold your excess reserves at the bank, you may take loans and earn 4% in average. What is the cost of holding excess
reserve at the central bank?
O $60.000,000
O $1.665,000
O $1.702.000
O $555.000
O $518.000
Transcribed Image Text:QUESTION 1 Which is not an issue in the context of Fintech regulation? O Increased technological costs. O Weighing the costs and benefits of regulation for consumers and innovation. O Decentralizing Fintech regulation, which is harder to override by centralized, federal regulation. O Supporting Fintech companies with government funding. O Creating "safe spaces" for Fintech companies to test our their businesses. QUESTION 2 Excess reserves are Insurance from deposit outflow. Suppose you hold 14 million required reserves and 46 million excess reserves at the central bank. The total Interest payment on reserves from the central bank is 0,3%. If you do not hold your excess reserves at the bank, you may take loans and earn 4% in average. What is the cost of holding excess reserve at the central bank? O $60.000,000 O $1.665,000 O $1.702.000 O $555.000 O $518.000
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