Author Question: Suppose the desired reserve ratio is 20 percent and there is no currency drain. Then a 1 increase in ... (Read 103 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
Suppose the desired reserve ratio is 20 percent and there is no currency drain. Then a 1 increase in the monetary base leads to the banking system to increase the quantity of money by
 
  A) 0.02.
  B) 4.
  C) 5.
  D) 20.
  E) 2.

Question 2

An economic system in which the government decides what, how, and for whom to produce, directs workers to jobs, and owns all the land and capital is
 
  A) centrally planned socialism.
  B) market capitalism.
  C) mixed economy.
  D) supported by economists as the best system available.



meow1234

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

For a complete list of videos, visit our video library