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Author Question: Given a desired reserve ratio of 20 percent, a commercial bank that has received a new deposit of ... (Read 152 times)

itsmyluck

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Given a desired reserve ratio of 20 percent, a commercial bank that has received a new deposit of 100 can make additional loans of
 
  A) 0.
  B) 20.
  C) 80.
  D) 120.

Question 2

The official settlements account records the change in ________.
 
  A) international trade
  B) U.S. official reserves
  C) foreign investment and domestic investment
  D) the reserves held by banks and the Fed



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Alyson.hiatt@yahoo.com

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Answer to Question 1

C

Answer to Question 2

B




itsmyluck

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Reply 2 on: Jun 29, 2018
Excellent


tanna.moeller

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

 

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