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Author Question: The quantity of reserves held by a bank in addition to the legally required amounts is known as: a. ... (Read 32 times)

neverstopbelieb

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on: Jun 30, 2018
The quantity of reserves held by a bank in addition to the legally required amounts is known as:
 a. actual reserves.
  b. excess reserves.
  c. the required reserve ratio.
  d. the money multiplier.
  e. the monetary base.

Question 2

Which of the following can be a barrier to an LDC's economic growth and development?
 a. Low population growth. b. A low level of human capital.
  c. Faster capital accumulation. d. More infrastructure.


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fffftttt

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

b

Answer to Question 2

b


neverstopbelieb

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

miss.ashley

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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