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Author Question: If a bank had the reserve requirement of 10 percent and excess reserves of 2,000, the largest loan ... (Read 148 times)

awywial

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on: Jun 30, 2018
If a bank had the reserve requirement of 10 percent and excess reserves of 2,000, the largest loan it could legally extend would be:
 a. 200.
 b. 1,800.
 c. 2,000.
 d. 20,000.

Question 2

Suppose the inflation rate has risen 0.5 percent a year for the past three years. Using this experience an individual forecasts a 0.5 percent rise in the coming year's inflation rate. This is an example of:
 a. traditional expectations.
  b. rational expectations.
  c. adaptive expectations.
  d. reflective expectations.
  e. deductive expectations.


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DylanD1323

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

c

Answer to Question 2

c


awywial

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Reply 2 on: Jun 30, 2018
:D TYSM

kusterl

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Reply 3 on: Yesterday
Excellent

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