Author Question: Given the following information about Metropolis Bank: Bank Deposits 50,000 Loans 17,500 ... (Read 79 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
Given the following information about Metropolis Bank:
 
  Bank Deposits 50,000
  Loans 17,500
  Required Reserves 30,000
  Excess Reserves 2,500
 
  The required reserve ratio must be
  A) 75 percent. B) 60 percent. C) 30 percent. D) 15 percent.

Question 2

Which of the following is likely to lead to an increase in the gross domestic product of a country?
 
  A) An increase in the tax rates in the country
  B) An increase in the interest rate in the country
  C) An increase in the capital stock of the economy
  D) An increase in the unemployment rate in the country



Ahnyah

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

For a complete list of videos, visit our video library