Author Question: Refer to Table 25-3. Consider the above simplified balance sheet for a bank. If the required reserve ... (Read 141 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
Refer to Table 25-3. Consider the above simplified balance sheet for a bank. If the required reserve ratio is 10 percent, the bank can make a maximum loan of
 
  A) 2,000. B) 5,000. C) 6,300. D) 45,000.

Question 2

Refer to Table 20-14. The real average hourly earnings for 1965 in 1982-1984 dollars equal
 
  A) 1.28. B) 6.49. C) 8.28. D) 15.45.



Viet Thy

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library