« previous next »

Author Question: Which of the following constitutes a currency drain from the banking system? a. Purchase of ... (Read 40 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 30, 2018
Which of the following constitutes a currency drain from the banking system?
 a. Purchase of government securities
  b. New demand deposits
  c. Banks lending out all excess reserves
  d. A banking panic that leads to large withdrawals from banks
  e. Lower required reserve holdings

Question 2

Assume that coffee and tea are substitutes for each other. If weather conditions cause a substantial portion of the available coffee crop to be destroyed, then most probably:
 a. the price of tea will decrease.
 b. the price of coffee will decrease.
  c. the price of tea will increase
 d. none of the above


tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Paranasal sinuses are part of the upper respiratory system. Paranasal sinuses are part of the upper respiratory system.
Organs of the urinary system. This illustration is an anterior view of a female with the abdominal w Organs of the urinary system. This illustration is an anterior view of a female with the abdominal w
Female Reproductive System Issues Female Reproductive System Issues
Disorders of or Associated with the Lymphatic System Disorders of or Associated with the Lymphatic System
The Koeppen System The Koeppen System
Function divisions of nervous system Function divisions of nervous system
Video: Glucagon (glycogenolysis and gluconeogenesis)

For a complete list of videos, visit our video library