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Author Question: Given the following information about Metropolis Bank: Bank Deposits 50,000 Loans 17,500 ... (Read 58 times)

geodog55

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  • Posts: 530
on: Jun 30, 2018
Given the following information about Metropolis Bank:
 
  Bank Deposits 50,000
  Loans 17,500
  Required Reserves 30,000
  Excess Reserves 2,500
 
  The required reserve ratio must be
  A) 75 percent. B) 60 percent. C) 30 percent. D) 15 percent.

Question 2

Which of the following is likely to lead to an increase in the gross domestic product of a country?
 
  A) An increase in the tax rates in the country
  B) An increase in the interest rate in the country
  C) An increase in the capital stock of the economy
  D) An increase in the unemployment rate in the country


Ahnyah

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

B

Answer to Question 2

C


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