Author Question: Almost all economists support protectionist policies because protection A) saves jobs. B) ... (Read 91 times)

burchfield96 · **on:** Jun 29, 2018

Almost all economists support protectionist policies because protection

A) saves jobs.
B) prevents rich countries from exploiting poorer countries.
C) is a good way for governments in developed nations to raise revenue.
D) Economists would not support any of the above reasons.

Question 2

The above table gives the initial balance sheet for Mini Bank. If the bank's desired reserve ratio is 10 percent, it will make

A) more loans.
B) fewer loans.
C) no change in its lending.
D) you cannot predict what the bank will do from this balance sheet without more information.