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Author Question: If Jose deposits 2,000 in his bank and the desired reserve ratio is 10 percent, what is the amount ... (Read 26 times)

futuristic

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on: Jun 29, 2018
If Jose deposits 2,000 in his bank and the desired reserve ratio is 10 percent, what is the amount of new loans that the bank can make?
 
  A) 2,000
  B) 200
  C) 1,800
  D) 1,900
  E) 2,200

Question 2

Refer to the figure above. The producer surplus before the imposition of the tax is given by the area ________.
 
  A) GHF
  B) GAE
  C) JBHF
  D) JBC


AaaA

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


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