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

Author Question: If the desired reserve ratio is 3 percent and deposits totaled 575 billion, banks would hold A) ... (Read 96 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
on: Jun 29, 2018
If the desired reserve ratio is 3 percent and deposits totaled 575 billion, banks would hold
 
  A) 534.75 in reserves.
  B) 17.25 billion in excess reserves.
  C) 1,725 billion in currency.
  D) 17.25 billion in reserves.

Question 2

A factor that turned out to be a weakness of the classical theory of growth is its
 
  A) emphasis on saving and investment.
  B) assumption that the growth rate of the population increases when income increases.
  C) reliance on constant growth in technology.
  D) neglect of the subsistence real wage.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kusterl

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Mr3Hunna

  • Member
  • Posts: 536
Reply 2 on: Jun 29, 2018
Gracias!

lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

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?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Female Hector's dolphin jumping off Banks Peninsula, New Zealand Female Hector's dolphin jumping off Banks Peninsula, New Zealand
The Punnett square demonstrates how the F2 ratio arises from an F1 x F1 cross. The Punnett square demonstrates how the F2 ratio arises from an F1 x F1 cross.
Fire activity ratio Fire activity ratio
Cave deposits as an indicator of environmental change Cave deposits as an indicator of environmental change
The Effect of Using a Ratio Scale The Effect of Using a Ratio Scale
Belief that premarital sex is “not wrong at all,” Canada, 1975—2016 (in percent) Belief that premarital sex is “not wrong at all,” Canada, 1975—2016 (in percent)
Video: Factors that affect conduction rates (myelination, axon diameter & temperature)

For a complete list of videos, visit our video library