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 76 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
Great answer, keep it coming :)

flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Extinction and Back Extinction and Back
The planes of the body. The sagittal plane is vertical from front to back, the frontal plane is vert The planes of the body. The sagittal plane is vertical from front to back, the frontal plane is vert
Muscles of Head and Neck Back Muscles of Head and Neck Back
Finishing techniques for the back of the body. With the recipient fully draped, gently rock the body ... Finishing techniques for the back of the body. With the recipient fully draped, gently rock the body ...
Apply passive touch on the shoulder and hip. Stand in back and place one hand on the shoulder and ... Apply passive touch on the shoulder and hip. Stand in back and place one hand on the shoulder and ...
Rhythmic sliding compression down the spine and effleurage with palms back to the head. Place palms ... Rhythmic sliding compression down the spine and effleurage with palms back to the head. Place palms ...
Video: Pneumonia Animation

For a complete list of videos, visit our video library