This topic contains a solution. Click here to go to the answer

Author Question: Open-hearth technology quickly replaced the Bessemer converter in the steel industry. This is an ... (Read 37 times)

colton

  • Hero Member
  • *****
  • Posts: 627
Open-hearth technology quickly replaced the Bessemer converter in the steel industry. This is an example of Schumpeter's creative destruction process.
 
  Indicate whether the statement is true or false

Question 2

If the Federal Reserve sells 10 million in government securities in the open market, with a 10 percent required reserve ratio on deposits, the maximum increase in deposits would be
 
  a. -50 million.
  b. -100 million.
  c. 10 million.
  d. 100 million.
  e. none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sailorcrescent

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

True

Answer to Question 2

B




colton

  • Member
  • Posts: 627
Reply 2 on: Jun 30, 2018
Wow, this really help


31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

For a complete list of videos, visit our video library