« previous next »

Author Question: Which of the following constitutes a currency drain from the banking system? a. Purchase of ... (Read 53 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 30, 2018
Which of the following constitutes a currency drain from the banking system?
 a. Purchase of government securities
  b. New demand deposits
  c. Banks lending out all excess reserves
  d. A banking panic that leads to large withdrawals from banks
  e. Lower required reserve holdings

Question 2

Assume that coffee and tea are substitutes for each other. If weather conditions cause a substantial portion of the available coffee crop to be destroyed, then most probably:
 a. the price of tea will decrease.
 b. the price of coffee will decrease.
  c. the price of tea will increase
 d. none of the above


tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Common drainage devices; A.Penrose Drain; B. Hemovac; Common drainage devices; A.Penrose Drain; B. Hemovac;
The sympathetic and parasympathetic divisions of the autonomic nervous system. The sympathetic and parasympathetic divisions of the autonomic nervous system.
Heat Exchanger Block Diagram Feedback Control System Heat Exchanger Block Diagram Feedback Control System
Male Reproductive System Male Reproductive System
The system moves at 1.50 2 m/s while the inclined planes are rough. a) Determine the ... The system moves at 1.50 2 m/s while the inclined planes are rough. a) Determine the ...
The Vascular System The Vascular System
Video: baroreceptors

For a complete list of videos, visit our video library