This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Assume a simplified banking system subject to a 10 percent required reserve ratio. If there is an ... (Read 80 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
on: Jun 30, 2018
Assume a simplified banking system subject to a 10 percent required reserve ratio. If there is an initial increase in excess reserves of 90,000 and all possible loans are made, the money supply:
 a. increases 90,000.
  b. increases 900,000.
  c. increases 990,000.
  d. decreases 90,000.

Question 2

How much of the U.S. federal budget is spent on foreign aid?
 a. About 1 percent. b. About 5 percent.
  c. About 25 percent. d. About 50 percent.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

trog

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


clippers!

  • Member
  • Posts: 828
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Thyroid System Thyroid System
Neural Pathways of the Gustatory System Neural Pathways of the Gustatory System
Fraternal twins share about 50 percent of their segregating genes. Fraternal twins share about 50 percent of their segregating genes.
Nine labels used to identify hazardous materials in the Global Harmonization System (GHS). Top row: ... Nine labels used to identify hazardous materials in the Global Harmonization System (GHS). Top row: ...
Respiratory system Respiratory system
Male to Female Sex Ratio at Birth vs. PCB Concentration in Maternal Serum Male to Female Sex Ratio at Birth vs. PCB Concentration in Maternal Serum
Video: Photosynthesis and Van Helmont Experiment

For a complete list of videos, visit our video library