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Author Question: In the economy of Briskland, the commercial banks have deposits of 500 billion. Their reserves are ... (Read 80 times)

jace

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on: Jun 29, 2018
In the economy of Briskland, the commercial banks have deposits of 500 billion. Their reserves are 50 billion, 80 percent of which is in deposits with the Central Bank.
 
  There is 20 billion in Central Bank notes outside the banks, and there are no coins. a) What is the monetary base? b) If all the deposits are money, what is the total quantity of money? c) What is the banks' reserve ratio? d) What is the currency drain as a percentage of the quantity of deposits?

Question 2

A firm in ________ will engage in ________ to try to earn an economic profit.
 
  A) perfect competition; advertising
  B) monopolistic competition; product differentiation
  C) perfect competition; price wars
  D) monopolistic competition; price wars
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kingfahad97

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jace

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

strudel15

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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