« previous next »

Author Question: Suppose a bank has 8 million in deposits and a reserve ratio of 20 percent. Its required reserves ... (Read 44 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
on: Jun 30, 2018
Suppose a bank has 8 million in deposits and a reserve ratio of 20 percent. Its required reserves are
 
  A) 40,000. B) 400,000. C) 1,600,000. D) 16,000,000.

Question 2

Suppose the overall MPC is 0.9. If a 2 billion increase in imports to the United States will lead to a 10 billion decrease in GDP, the value of the marginal propensity to import must be
 
  A) 0.1. B) 0.2. C) 0.5. D) 0.8.


jasonq

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Independent assortment of chromosomes at meiosis explains Mendel's ratio Independent assortment of chromosomes at meiosis explains Mendel's ratio
A cheetah strangling an impala, Timbavati Game Reserve, South Africa A cheetah strangling an impala, Timbavati Game Reserve, South Africa
The oxygen isotope curve illustrates the ratio between 16O and 18O. The oxygen isotope curve illustrates the ratio between 16O and 18O.
Carbon Isotope ratio Carbon Isotope ratio
Cave deposits as an indicator of environmental change Cave deposits as an indicator of environmental change
The amino acid lysine has the percent composition 49.3% C, 9.59% H, 19.2% N, and The amino acid lysine has the percent composition 49.3% C, 9.59% H, 19.2% N, and
Video: Congenital Heart Defects Animation

For a complete list of videos, visit our video library