This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Consider the following T-account for National City Bank: Assets Liabilities Reserves 10,000 ... (Read 48 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
on: Jun 29, 2018
Consider the following T-account for National City Bank:
 
  Assets Liabilities
  Reserves 10,000 Deposits 100,000
  Loans 90,000
 
  If the required reserve ratio is lowered to 8 percent, how much can National City loan out?
  A) 10,000 B) 8,000 C) 2,000 D) 0

Question 2

During a deflationary period
 
  A) the nominal interest rate is less than the real interest rate.
  B) the real interest rate is less than the nominal interest rate.
  C) the nominal interest rate does not change.
  D) the price level rises.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dantucker

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


cnetterville

  • Member
  • Posts: 547
Reply 2 on: Jun 29, 2018
Excellent

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

A zebra harem in Etosha National Park A zebra harem in Etosha National Park
On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a
Gary Alvis, The Painted Hills, John Day Fossil Beds National Monument, Oregon. Gary Alvis, The Painted Hills, John Day Fossil Beds National Monument, Oregon.
Video: Interview with an Anorexic Woman (Part 1 of 2)

For a complete list of videos, visit our video library