This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the reserve ratio is designated by r, the amount of deposits a bank can hold as excess reserves ... (Read 52 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
on: Jun 30, 2018
If the reserve ratio is designated by r, the amount of deposits a bank can hold as excess reserves is equal to 1 / (1 - r).
 
  Indicate whether the statement is true or false

Question 2

Which of the following statements is true?
 
  A) An overvalued domestic currency encourages exports.
  B) A country can keep its currency overvalued against the dollar as long as its dollar reserves last.
  C) A country can keep its currency overvalued against the dollar as long as it can print its own currency.
  D) An undervalued domestic currency encourages imports.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


mydiamond

  • Member
  • Posts: 804
Reply 2 on: Jun 30, 2018
Wow, this really help

fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

World coal reserves in gigatonnes World coal reserves in gigatonnes
A backpressure tool can be made by using an oxygen sensor housing and using epoxy or braze to hold ... A backpressure tool can be made by using an oxygen sensor housing and using epoxy or braze to hold ...
Light beer has about the same amount of alcohol as regular beer Light beer has about the same amount of alcohol as regular beer
Finding the angle from a ratio Finding the angle from a ratio
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Video: Type of Transport - Active and Passive Processes

For a complete list of videos, visit our video library