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Author Question: Suppose a bank has a desired reserve requirement ratio of 12 percent. If someone deposits 1,000 in ... (Read 97 times)

littleanan

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Suppose a bank has a desired reserve requirement ratio of 12 percent. If someone deposits 1,000 in the bank
 
  A) immediately after the deposit, excess reserves increase by 880.
  B) the bank can make loans of 1,000.
  C) the bank's desired reserves rise by 1,000.
  D) Both answers B and C are correct.

Question 2

When the United States imposes a tariff on a good, the amount of the ________ in U.S. consumer surplus is ________ the amount of the ________ in U.S. producer surplus.
 
  A) increase; smaller than; increase
  B) decrease; larger than; decrease
  C) decrease; larger than; increase
  D) decrease; equal to; increase


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FergA

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littleanan

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Reply 2 on: Jun 29, 2018
Wow, this really help


ryansturges

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Reply 3 on: Yesterday
Excellent

 

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