This topic contains a solution. Click here to go to the answer

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

naturalchemist

  • Hero Member
  • *****
  • Posts: 542
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chjcharjto14

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

B

Answer to Question 2

B




naturalchemist

  • Member
  • Posts: 542
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


tandmlomax84

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

For a complete list of videos, visit our video library