« previous next »

Author Question: If a bank gets a 100,000 new deposit, chooses to lend out 85,000, and increases its excess reserves ... (Read 68 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
on: Jun 30, 2018
If a bank gets a 100,000 new deposit, chooses to lend out 85,000, and increases its excess reserves by 5,000 at the same time, then the reserve requirement is:
 a. 10.
 b. 15.
 c. 20.
 d. unable to be determined from the information given.

Question 2

Other things equal, the higher the fiscal deficit, the higher the required increase in base money.
 a. True
  b. False
  Indicate whether the statement is true or false


prumorgan

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

lbcchick

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: Jun 30, 2018
Correct answers!


prumorgan

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Formation of an oil deposit Formation of an oil deposit
An example of the front and back sides of a deposit slip. An example of the front and back sides of a deposit slip.
The oceans continue to absorb most of the excess energy trapped by greenhouse gases The oceans continue to absorb most of the excess energy trapped by greenhouse gases
The population of Asia increases rapidly, the demand for food and water is also growing The population of Asia increases rapidly, the demand for food and water is also growing
A Radio Telescope in Green Bank, West Virginia A Radio Telescope in Green Bank, West Virginia
Polyploidy increases fruit size Polyploidy increases fruit size
Video: Cardiac Cycle (Part 4 of 4)

For a complete list of videos, visit our video library