Author Question: Bank One has reserves of 100,000, government securities of 200,000, loans of 700,000, and checkable ... (Read 93 times)

2125004343 · **on:** Jun 29, 2018

Bank One has reserves of 100,000, government securities of 200,000, loans of 700,000, and checkable deposits of 800,000. If the desired reserve ratio is 10 percent, Bank One can make additional loans totaling

A) 0.00.
B) 10,000.
C) 20,000.
D) 80,000.
E) 100,000.

Question 2

Which of the following statements is FALSE?

A) Saving helps create economic growth.
B) Improvements in quality of education are important for economic growth.
C) Free international trade helps create economic growth.
D) Faster population growth is the key to growth in real GDP per person.
E) Economic freedom requires property rights.