Author Question: Banks can make loans up to an amount equal to their A) total deposits. B) total reserves. C) ... (Read 86 times)

mmm

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Banks can make loans up to an amount equal to their
 
  A) total deposits.
  B) total reserves.
  C) required reserves.
  D) excess reserves.
  E) total government securities.

Question 2

The marginal social benefit from the production of the last unit of a good is 4,800. If the willingness to pay for that unit is 3,900, what is the external benefit from its production?
 
  A) 900
  B) 8,700
  C) 3,800
  D) 4,100



nekcihc358

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Answer to Question 1

D

Answer to Question 2

A



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