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Author Question: Refer to Table 25-2. Suppose a transaction changes a bank's balance sheet as indicated in the ... (Read 119 times)

dakota nelson

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on: Jun 29, 2018
Refer to Table 25-2. Suppose a transaction changes a bank's balance sheet as indicated in the following T-account, and the required reserve ratio is 10 percent. As a result of the transaction, the bank can make a maximum loan of
 
  A) 0. B) 800. C) 7,200. D) 8,000.

Question 2

If your nominal wage rises faster than the price level, we can say your real wage has ________ and the purchasing power of your income has ________.
 
  A) risen; risen B) fallen; risen C) risen; fallen D) fallen; fallen


jaykayy05

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


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