« previous next »

Author Question: Suppose the XYZ bank has excess reserves of 4,000 and demand deposits of 80,000 . If the required ... (Read 15 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jun 30, 2018
Suppose the XYZ bank has excess reserves of 4,000 and demand deposits of 80,000 . If the required reserve ratio is 25 percent, the banks total reserves equal:
 a. 16,000.
  b. 20,000.
  c. 24,000.
  d. 84,000.

Question 2

Ceteris paribus, if an 6 increase in quantity supplied is caused by an 8 increase in price, then:
 a. supply is elastic.
 b. supply is unit elastic.
 c. supply is inelastic.
 d. the supply curve is perfectly vertical.


pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

The theoretical design of nature reserves, based on the tenets of island biogeography. The theoretical design of nature reserves, based on the tenets of island biogeography.
Attention and memory are in demand during circle time. Attention and memory are in demand during circle time.
Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
Potential gas reserves have increased significantly with the discovery of new shale gas formations Potential gas reserves have increased significantly with the discovery of new shale gas formations
Conventional oil reserves have passed peak production Conventional oil reserves have passed peak production
A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ... A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ...
Video: Stroke volume - contractility definition

For a complete list of videos, visit our video library