Author Question: The Banks of the Mississippi has excess reserves of 20,000, desired reserves of 80,000 and the ... (Read 43 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
The Banks of the Mississippi has excess reserves of 20,000, desired reserves of 80,000 and the desired reserve ratio is 5 percent. What is the total amount of deposits in this bank?
 
  A) 180,000 B) 100,000 C) 1,000,000 D) 1,600,000 E) 5,000

Question 2

Suppose that in a PPF graph, wheat is on the vertical axis and jets are on the horizontal axis. Moving down along the PPF, the
 
  A) number of jets increases and the opportunity cost of jets decreases.
  B) number of jets increases and the opportunity cost of jets increases.
  C) opportunity cost of jets and wheat both increase.
  D) amount of wheat increases and the opportunity cost of wheat increases.
  E) amount of wheat increases and opportunity cost of wheat decreases.



chereeb

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

For a complete list of videos, visit our video library