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Author Question: Any bank that uses deposits to make loans: a. operates on a 100 percent reserve system. b. operates ... (Read 53 times)

nautica902

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on: Jun 30, 2018
Any bank that uses deposits to make loans:
 a. operates on a 100 percent reserve system.
 b. operates on a fractional reserve system.
 c. does not operate on a reserve system.
 d. does not keep reserves in its vaults.
 e. charges an interest rate determined by the reserve ratio.

Question 2

If increases in capital per worker lead to increased output per worker, but by decreasing amounts as capital increases, the per-worker production function _____.
 a. is vertical
 b. has a decreasing slope
  c. has an increasing slope
  d. has a negative slope
 e. is horizontal


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dominiqueenicolee

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

b

Answer to Question 2

b


nautica902

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Reply 2 on: Jun 30, 2018
Excellent

ghepp

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

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