« previous next »

Author Question: The Great Depression, in which real GDP fell and unemployment rose, can be characterized as a ... (Read 47 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Jun 29, 2018
The Great Depression, in which real GDP fell and unemployment rose, can be characterized as a ________.
 
  A) inflationary gap
  B) long-run equilibrium
  C) recessionary gap
  D) full-employment equilibrium

Question 2

In the balance sheet for the FBN bank above, the entries are in millions of dollars. If the desired reserve ratio is 10 percent, FBN Bank has desired reserves of
 
  A) 360 million.
  B) 120 million.
  C) 280 million.
  D) 0.


aliotak

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Lion on a decorative panel from Darius I the Great's palace during Persian Empire (550â₠Lion on a decorative panel from Darius I the Great's palace during Persian Empire (550ââ‚
Assessing for postpartum depression Assessing for postpartum depression
Great Wild Goose Pagoda at Ci'én Temple, Xi'an, Shanxi. Great Wild Goose Pagoda at Ci'én Temple, Xi'an, Shanxi.
Diagnosis for Major Depression Diagnosis for Major Depression
Prickly rose Prickly rose
Elvin Bishop - Fooled Around and Fell in Love Elvin Bishop - Fooled Around and Fell in Love
Video: Cardiac Cycle (Part 1 of 4)

For a complete list of videos, visit our video library