« previous next »

Author Question: Suppose a bank has 8 million in deposits and a reserve ratio of 20 percent. Its required reserves ... (Read 160 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
on: Jun 30, 2018
Suppose a bank has 8 million in deposits and a reserve ratio of 20 percent. Its required reserves are
 
  A) 40,000. B) 400,000. C) 1,600,000. D) 16,000,000.

Question 2

Suppose the overall MPC is 0.9. If a 2 billion increase in imports to the United States will lead to a 10 billion decrease in GDP, the value of the marginal propensity to import must be
 
  A) 0.1. B) 0.2. C) 0.5. D) 0.8.


jasonq

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
The medical assisting profession offers many settings in which to pursue your career. Good communica The medical assisting profession offers many settings in which to pursue your career. Good communica
Cave deposits as an indicator of environmental change Cave deposits as an indicator of environmental change
Ratio of College Wages to High-School Wages Ratio of College Wages to High-School Wages
What is the discounted value of deposits of $150.00 made at the end of each month for fourteen ... What is the discounted value of deposits of $150.00 made at the end of each month for fourteen ...
Video: Role of transport in a cell

For a complete list of videos, visit our video library