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Author Question: If total deposits at Last Bank and Trust are 100 million, total loans are 70 million, and excess ... (Read 93 times)

storky111

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on: Jun 30, 2018
If total deposits at Last Bank and Trust are 100 million, total loans are 70 million, and excess reserves are 20 million, then which of the following is the required reserve ratio?
 a. 70 percent.
  b. 30 percent.
  c. 20 percent.
  d. 10 percent.

Question 2

What is the economic criterion most often used to compare living standards across countries?
 a. Real GDP growth.
  b. Unemployment rate.
  c. Incidence of AIDS.
  d. Rate of population growth.
  e. Real per capita GDP.


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gabrielle_lawrence

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

d

Answer to Question 2

e


storky111

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

vickyvicksss

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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