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

Author Question: In the economy of Briskland, the commercial banks have deposits of 500 billion. Their reserves are ... (Read 86 times)

jace

  • Hero Member
  • *****
  • Posts: 541
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
McKnight's Physical Geography: A Landscape Appreciation ¦ Hess, Tasa ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kingfahad97

  • Sr. Member
  • ****
  • Posts: 308
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.
Answer Preview
Only 56% of students answer this correctly


jace

  • Member
  • Posts: 541
Reply 2 on: Jun 29, 2018
Excellent

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Joseph Banks Joseph Banks
Types of Ore Deposits—Sedimentary Types of Ore Deposits—Sedimentary
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Commercial Logging Commercial Logging
A Tough Economy ...for students A Tough Economy ...for students
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
Video: Introduction to Eating Disorders

For a complete list of videos, visit our video library