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Author Question: The above table presents the balance sheet of the TBK commercial bank. If the desired reserve ratio ... (Read 155 times)

naturalchemist

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on: Jun 29, 2018
The above table presents the balance sheet of the TBK commercial bank. If the desired reserve ratio is 25 percent, what is this bank's desired reserves?
 
  A) 120
  B) 150
  C) 175
  D) 30

Question 2

An American consumer buys a French luxury product in New York. In the U.S. balance of payments accounts, this transaction directly appears in
 
  A) the official settlements account.
  B) the imports part of the current account.
  C) the net transfers part of the current account.
  D) the capital and financial account.


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chjcharjto14

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


naturalchemist

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

tandmlomax84

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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