This topic contains a solution. Click here to go to the answer

Author Question: Suppose a bank has 8,000 in checkable deposits and the required reserve ratio is 0.2 . If actual ... (Read 64 times)

burchfield96

  • Hero Member
  • *****
  • Posts: 610
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

b

Answer to Question 2

b




burchfield96

  • Member
  • Posts: 610
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

For a complete list of videos, visit our video library