Which of the following financial institutions does NOT have to ...

[luminitza]

Which of the following financial institutions does NOT have to meet minimum reserve ratios?
 
  i. the Fed
  ii. commercial banks
  iii. credit unions
  A) i only
  B) ii only
  C) iii only
  D) ii and iii
  E) i, ii, and iii

Question 2

Bonnie can produce either 10 hats or 20 scarves in a month. Phil can produce either 10 hats or 5 scarves in a month. Therefore:
 
  A) Phil has a comparative advantage in hats, Bonnie in scarves.
  B) Bonnie has a comparative advantage in hats, Phil in scarves.
  C) Phil has a comparative advantage in both hats and scarves.
  D) Bonnie has a comparative advantage in both hats and scarves.
  E) Neither of them has a comparative advantage in hats.

[trampas]

Answer to Question 1

A

Answer to Question 2

A

[luminitza]

Wow, this really help

[isabelt_18]

Thanks for the timely response, appreciate it