A bank has deposits of 400, reserves of 50, and the desired ...

[ETearle]

A bank has deposits of 400, reserves of 50, and the desired reserve ratio is 7 percent. The bank's excess reserves are
 
  A) 28. B) 50. C) 22. D) 0. E) 3.50

Question 2

On the foreign exchange market, an increase in a country's exchange rate
 
  A) decreases the demand for its currency and shifts the demand curve rightward.
  B) increases the quantity demanded of its currency and leads to a movement up along the demand curve.
  C) decreases the quantity demanded of its currency and leads to a movement up along the demand curve.
  D) decreases the demand for its currency and shifts the demand curve leftward.
  E) increases the quantity demanded of its currency and leads to a movement down along the demand curve.

[essyface1]

Answer to Question 1

C

Answer to Question 2

C

[ETearle]

Thank you

[essyface1]

Happy to help you