Author Question: Given the following information about Metropolis Bank: Bank Deposits 50,000 Loans 17,500 ... (Read 88 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
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

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

For a complete list of videos, visit our video library