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

Author Question: A bank receives a demand deposit of 2,000 . The bank loans out 1,200 of this deposit and increases ... (Read 104 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
on: Jun 30, 2018
A bank receives a demand deposit of 2,000 . The bank loans out 1,200 of this deposit and increases its excess reserves by 600 . What is the required reserve ratio?
 a. 10
  b. 30
  c. 40
  d. 60

Question 2

If most passenger trains operate far below full capacity and demand is ____, reducing travel fares would be likely to increase total revenue.
 a. inelastic
 b. unit elastic
 c. unit inelastic
  d. elastic


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

honnalora

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


mp14

  • Member
  • Posts: 534
Reply 2 on: Jun 30, 2018
Gracias!

dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

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

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Bank teller assisting with customer service. Bank teller assisting with customer service.
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 ...
An antique painting is purchased in 1980 for $995. The value increases by 3.1% e An antique painting is purchased in 1980 for $995. The value increases by 3.1% e
The number of phenotypic classes in the F2 generation increases as the number of genes controlling t The number of phenotypic classes in the F2 generation increases as the number of genes controlling t
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ... Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ...
Video: Fetal Development of the Cardiovascular System

For a complete list of videos, visit our video library