This topic contains a solution. Click here to go to the answer

Author Question: Assuming the required reserve ratio is 20 percent and total reserves are set at 20 billion, then the ... (Read 25 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
Assuming the required reserve ratio is 20 percent and total reserves are set at 20 billion, then the maximum amount of deposits would be
 
  a. 100 billion.
  b. 40 billion.
  b. 4 billion.
  d. 60 billion.
  e. 120 billion.

Question 2

Sustained economic growth in the U.S. has been primarily a product of which of the following factors?
 
  (a) War and exploitation of natural resources
  (b) Capital accumulation, increases in capital and labor productivity,
  and technological advancements
  (c) Restricted trade
  (d) Government policies and market interventions



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Benayers

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

A

Answer to Question 2

(b)




imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

 

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?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

For a complete list of videos, visit our video library