Suppose a bank has 1,000 in deposits and 100 in reserves. If the desired reserve ratio is 5 percent, how much can this bank increase its loans?
A) 80 B) 0 C) 100 D) 400 E) 50
Question 2
An increase in Swiss interest rates will cause
A) an increase in the demand for U.S. dollars and an increase in the exchange rate of Swiss francs per dollar.
B) a decrease in the demand for U.S. dollars and a decrease in the exchange rate of Swiss francs per dollar.
C) an increase in the supply of U.S. dollars and a decrease in the exchange rate of Swiss francs per dollar.
D) a decrease in the supply of U.S. dollars and an increase in the exchange rate of Swiss francs per dollar.
Tropical grassland of the Masai Mara Game Reserve in Kenya
Example of Reconciling a Bank Statement Cont.
How to solve any percent change problem
Cave deposits as an indicator of environmental change
AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ...
Piggy bank