This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Say the required reserve ratio is 20 percent. If you pay back a loan of 10,000 a bank had previously ... (Read 92 times)

abarnes

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Say the required reserve ratio is 20 percent. If you pay back a loan of 10,000 a bank had previously made to you, the act of paying back the loan:
 a. adds 2,000 in bank reserves.
 b. adds 10,000 in bank reserves.
 c. eliminates 2,000 in bank reserves.
  d. eliminates 10,000 in bank reserves.

Question 2

According to the long-run Phillips curve, which of the following will be the end result of an expansionary monetary policy when unemployment is at its natural rate?
 a. Zero inflation
  b. Deflation
  c. A constant level of potential real GDP
  d. A decrease in unemployment
  e. An increase in unemployment


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sultana.d

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


abarnes

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

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

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?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Becoming a Certified Medical Assistant may demonstrate your commitment to the profession and the con Becoming a Certified Medical Assistant may demonstrate your commitment to the profession and the con
Incorrect body alignment with back bent and head forward. Incorrect body alignment with back bent and head forward.
Reconnect the lower and upper back with horizontal stroking from lower back to shoulders. Keep flat, ... Reconnect the lower and upper back with horizontal stroking from lower back to shoulders. Keep flat, ...
Finish with bilateral stroking to the entire back. Stand at head of the table with fingers pointing ... Finish with bilateral stroking to the entire back. Stand at head of the table with fingers pointing ...
Slap the foot bottom with the back of the hand. Rapid, light slaps create a stimulating sensation. Slap the foot bottom with the back of the hand. Rapid, light slaps create a stimulating sensation.
Generation of the F2 trihybrid phenotypic ratio using the forked-line method Generation of the F2 trihybrid phenotypic ratio using the forked-line method
Video: Carbohydrate digestion (brush border enzymes, end products) & Carb absorption (fructose, galactose)

For a complete list of videos, visit our video library