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Author Question: If the money stock is 900 million and the reserve requirement is 20, what is the monetary base? ... (Read 90 times)

asd123

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on: Jun 30, 2018
If the money stock is 900 million and the reserve requirement is 20, what is the monetary base?
 
  A) 180 million
  B) 4,500 million
  C) 720 million
  D) The monetary base cannot be determined with the information given.

Question 2

A debit entry in the balance of payments system could be from which of the following?
 
  A) a payment from abroad received by a domestic resident.
  B) a payment made while abroad by a domestic resident.
  C) a decrease in the current account deficit.
  D) an increase to the capital account surplus.


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miss.ashley

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

A

Answer to Question 2

B


asd123

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

nanny

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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