Author Question: Suppose you withdraw 500 from your checking account deposit and bury it in a jar in your back yard. ... (Read 67 times)

Yolanda · **on:** Jun 29, 2018

Suppose you withdraw 500 from your checking account deposit and bury it in a jar in your back yard. If the required reserve ratio is 10 percent, checking account deposits in the banking system as a whole could drop up to a maximum of

A) 0. B) 50. C) 500. D) 5,000.

Question 2

Workers who dislike risk

A) prefer to be paid a salary rather than a wage.
B) prefer a salary system to a commission compensation system.
C) prefer to be paid monthly rather than weekly or daily.
D) prefer a piece-rate compensation system to a salary system.