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Author Question: If a single bank has 25,000 in excess reserves and the desired reserve ratio is 20 percent, what is ... (Read 48 times)

geoffrey

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on: Jun 29, 2018
If a single bank has 25,000 in excess reserves and the desired reserve ratio is 20 percent, what is the maximum this bank can loan?
 
  A) 125,000 B) 20,000 C) 5,000 D) 30,000 E) 25,000

Question 2

Holding everything else constant, the U.S. real exchange with India will increase if the rupee depreciates.
 
  Indicate whether the statement is true or false


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Jayson

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

E

Answer to Question 2

TRUE


geoffrey

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

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Reply 3 on: Yesterday
Wow, this really help

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