Which of the following factors would be most likely to encourage ...

[rachel9]

Which of the following factors would be most likely to encourage investment and capital formation in a less-developed nation?
 a. High and variable rates of inflation.
  b. Tariffs and quotas that restrict international trade.
  c. A legal system that provides for secure property rights and evenhanded enforcement of contracts.
  d. High marginal tax rates.

Question 2

A bank has 100 million of checkable deposits, 6 million of required reserves, and 2 million of excess reserves. What is the required reserve ratio?
 a. 2 percent.
  b. 3 percent.
  c. 6 percent.
  d. 12 percent.

[ntsoane kedibone]

Answer to Question 1

c

Answer to Question 2

c

[rachel9]

TYSM

[amcvicar]

Excellent