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

Author Question: Banks create money when they make loans. a. True b. False Indicate whether the statement is true ... (Read 100 times)

HCHenry

  • Hero Member
  • *****
  • Posts: 591
on: Jun 30, 2018
Banks create money when they make loans.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the required reserve ratio is 4 percent, then 100 of reserves can support up to 2,500 of checkable deposits.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

recede

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

True


HCHenry

  • Member
  • Posts: 591
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

False-color imagery of the Sun, a G-type main-sequence star, the closest to Earth. False-color imagery of the Sun, a G-type main-sequence star, the closest to Earth.
Children make a fast adjustment to a new culture, although, as with these Hmong children in ... Children make a fast adjustment to a new culture, although, as with these Hmong children in ...
How to create a sine equation when the curve is given How to create a sine equation when the curve is given
Separate thigh from leg to create six pieces Separate thigh from leg to create six pieces
What atomic or hybrid orbital on P make up the sigma bond between P and Cl in phosphorous ... What atomic or hybrid orbital on P make up the sigma bond between P and Cl in phosphorous ...
Heart - All I Wanna Do Is Make Love To You (Official Music Video) Heart - All I Wanna Do Is Make Love To You (Official Music Video)
Video: Cortisol (protein catabolism, gluconeogenesis, vasoconstriction & anti-inflammation)

For a complete list of videos, visit our video library