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Author Question: Which of the following factors would be most likely to encourage investment and capital formation in ... (Read 96 times)

rachel9

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on: Jun 30, 2018
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.


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ntsoane kedibone

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

c

Answer to Question 2

c


rachel9

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

6ana001

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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