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Author Question: In the figure above, which of the following movements has the largest opportunity cost? A) from ... (Read 70 times)

tuffie

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In the figure above, which of the following movements has the largest opportunity cost?
 
  A) from point C to point B
  B) from point C to point A
  C) from point B to point A
  D) from point A to point E

Question 2

Suppose a bank has 1,500,000 in deposits and the desired reserve ratio is 12 percent. If the bank is currently holding 200,000 in reserves, the excess reserves are equal to
 
  A) zero.
  B) 180,000.
  C) 120,000.
  D) 20,000.



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mmj22343

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Answer to Question 1

D

Answer to Question 2

D




mmj22343

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