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

Author Question: Which of the following explains why a bank holds reserves? I. Banks are required by law to hold ... (Read 94 times)

Pineapplelove6

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
Which of the following explains why a bank holds reserves?
 
  I. Banks are required by law to hold reserves.
  II. To meet depositors' currency withdrawals
  III. To use them to make loans to households
  A) I only
  B) II only
  C) I and II
  D) I, II, and III
  E) I and III

Question 2

An increase in disposable income shifts the supply of loanable funds curve
 
  A) leftward and decreases the real interest rate.
  B) leftward and increases the real interest rate.
  C) rightward and decreases the real interest rate.
  D) rightward and increases the real interest rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cclemon1

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Pineapplelove6

  • Member
  • Posts: 560
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

World oil reserves World oil reserves
Joseph Banks Joseph Banks
Joseph Banks Joseph Banks
Hold hand around thumb and little finger and apply broadening strokes across the metacarpals. Press ... Hold hand around thumb and little finger and apply broadening strokes across the metacarpals. Press ...
Total allowable and actual catch, Grand Bank Atlantic Cod 1959 -2012 Total allowable and actual catch, Grand Bank Atlantic Cod 1959 -2012
A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ... A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ...
Video: Lipid digestion - mouth, stomach and small intestine

For a complete list of videos, visit our video library