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

Author Question: Which of the following financial institutions does NOT have to meet minimum reserve ratios? i. ... (Read 73 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

trampas

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


luminitza

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
:D TYSM

covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The human body produces and destroys 15 million blood cells every second.

McGill University's Gault Nature Reserve on Mont-Saint-Hilaire, Quebec. McGill University's Gault Nature Reserve on Mont-Saint-Hilaire, Quebec.
Grevy's zebras in Samburu National Reserve. Grevy's zebras in Samburu National Reserve.
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
The “Flat Head” (Chinook) Indians acquired their name through shaping in infancy, as shown in a diag The “Flat Head” (Chinook) Indians acquired their name through shaping in infancy, as shown in a diag
Comparison of Alpha Modified Eagle’s Minimum Essential Medium with Dulbecco’s Modified Eagle’s ... Comparison of Alpha Modified Eagle’s Minimum Essential Medium with Dulbecco’s Modified Eagle’s ...
How wide must a narrow slit be if the first diffraction minimum occurs at 12 with laser light ... How wide must a narrow slit be if the first diffraction minimum occurs at 12 with laser light ...
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library