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Author Question: The table above shows the balance sheet for Ralph's Bank. If the desired reserve ratio is 15 ... (Read 59 times)

Yi-Chen

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The table above shows the balance sheet for Ralph's Bank. If the desired reserve ratio is 15 percent, Ralph's Bank has excess reserves of ________.
 
  A) 50
  B) 500
  C) 450
  D) 2,500

Question 2

Which of the following factors is fixed in the long run?
 
  A) capital
  B) land
  C) entrepreneurship
  D) none of the above because all factors are variable in the long run



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Alyson.hiatt@yahoo.com

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Answer to Question 1

A

Answer to Question 2

D





 

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