« previous next »

Author Question: Suppose a bank has 8 million in deposits and a reserve ratio of 20 percent. Its required reserves ... (Read 161 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
on: Jun 30, 2018
Suppose a bank has 8 million in deposits and a reserve ratio of 20 percent. Its required reserves are
 
  A) 40,000. B) 400,000. C) 1,600,000. D) 16,000,000.

Question 2

Suppose the overall MPC is 0.9. If a 2 billion increase in imports to the United States will lead to a 10 billion decrease in GDP, the value of the marginal propensity to import must be
 
  A) 0.1. B) 0.2. C) 0.5. D) 0.8.


jasonq

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
During World War I, advancing armies unloosed ferocious artillery barrages to destroy deeply entrenc During World War I, advancing armies unloosed ferocious artillery barrages to destroy deeply entrenc
Ratio of College Wages to High-School Wages Ratio of College Wages to High-School Wages
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
A Punnett square generating the F2 ratio of the F1 x F1 cross A Punnett square generating the F2 ratio of the F1 x F1 cross
The assembly of general transcription factors required for the initiation of transcription by RNAP I The assembly of general transcription factors required for the initiation of transcription by RNAP I
Video: Antidiuretic hormone (vasoconstriction, water reabsorption & sweat inhibition)

For a complete list of videos, visit our video library