« previous next »

Author Question: Assume that a bank holds legal reserves of 800, the required reserves are 400 and total deposit is ... (Read 38 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Assume that a bank holds legal reserves of 800, the required reserves are 400 and total deposit is 4,000 . If the government purchases bonds worth 200, excess reserves will increase by _____.
 a. 420
  b. 180
  c. 100
  d. 80
  e. 40

Question 2

An increase in the price of a good could be caused by
 a. An increase in supply.
 b. An increase in demand.
 c. A decrease in supply and an increase in demand.
  d. Either b. or c.


asdfasdf

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Forages, such as hay, are required by all horses Forages, such as hay, are required by all horses
The Geometry of a Total Solar Eclipse The Geometry of a Total Solar Eclipse
Total Solid Waste, MSW per Capita Total Solid Waste, MSW per Capita
Finding the length given total distance and distance longer than other point Finding the length given total distance and distance longer than other point
Twenty percent of the automobiles inspected at a state inspection station required repairs to ... Twenty percent of the automobiles inspected at a state inspection station required repairs to ...
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Video: Green alga life cycle Animation

For a complete list of videos, visit our video library