This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A bank receives a demand deposit of 5,000 . The bank loans out 3,500 of this deposit and increases ... (Read 165 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
on: Jun 30, 2018
A bank receives a demand deposit of 5,000 . The bank loans out 3,500 of this deposit and increases its excess reserves by 500 . What is the required reserve ratio?
 a. 10
  b. 20
  c. 40
  d. 60

Question 2

Who is the leading proponent of the monetarist theory?
 a. John Maynard Keynes
  b. Paul Volcker
  c. Adam Smith
  d. Milton Friedman
  e. Alan Greenspan


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Yi-Chen

  • Member
  • Posts: 550
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Species richness increases with island size. Species richness increases with island size.
Bank teller assisting with customer service. Bank teller assisting with customer service.
A typical bank statement. A typical bank statement.
Spirituality increases with age, but there are different patterns for the two genders. Both genders ... Spirituality increases with age, but there are different patterns for the two genders. Both genders ...
Adding additional amounts of ethyl alcohol (ethanol) increases the frequency reading. Adding additional amounts of ethyl alcohol (ethanol) increases the frequency reading.
Growth in the demand for oil from the developing world Growth in the demand for oil from the developing world
Video: How does asthma work?And How do you treat asthma?

For a complete list of videos, visit our video library