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Author Question: A decrease in the price of driver liability insurance will ________ the ________ for new ... (Read 156 times)

serike

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on: Jun 30, 2018
A decrease in the price of driver liability insurance will ________ the ________ for new automobiles.
 
  A) decrease; demand
  B) increase; demand
  C) decrease; supply
  D) increase; supply
  E) None of the above is correct.

Question 2

Under a fractional reserve banking system,
 
  A) banks keep a fraction of their reserves on hand as deposits.
  B) banks keep all of their reserves on hand as deposits.
  C) banks keep a fraction of their deposits on hand as reserves.
  D) banks keep all of their deposits on hand as reserves.


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blakcmamba

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


serike

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  • Posts: 542
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

amandalm

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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