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Author Question: Suppose a bank has 8,000 in checkable deposits and the required reserve ratio is 0.2 . If actual ... (Read 81 times)

burchfield96

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on: Jun 30, 2018
Suppose a bank has 8,000 in checkable deposits and the required reserve ratio is 0.2 . If actual reserves equal 3,000 . then excess reserves equal:
 a. 1,600.
  b. 1,400.
  c. 2,400.
  d. 5,000.
  e. zero.

Question 2

Expectations that the price level will decrease in the future will _____.
 a. make the current consumption function flatter
 b. shift the current consumption function downward
 c. result in an upward movement along the current consumption function
  d. result in a downward movement along the current consumption function
  e. make the current consumption function steeper


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IAPPLET

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

b

Answer to Question 2

b


burchfield96

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Reply 2 on: Jun 30, 2018
Excellent

anyusername12131

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

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