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Author Question: The components of consumption expenditures include all of the following except A) nondurable ... (Read 6 times)

james0929

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on: Jun 30, 2018
The components of consumption expenditures include all of the following except
 
  A) nondurable goods consumption.
  B) durable goods consumption.
  C) government consumption.
  D) services.

Question 2

Suppose a bank has 200 million in checking account deposits with no excess reserves and the required reserve ratio is 15. If the Fed reduces the required reserve ratio to 10, the bank will now have excess reserves of
 
  A) 0.
  B) 10 million.
  C) 20 million.
  D) 30 million.


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raenoj

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


james0929

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Reply #2 on: Jun 30, 2018
Correct answers!


raenoj

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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