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Author Question: If a bank that is subject to a 10 percent required reserve ratio has 20,000 in excess reserves, it ... (Read 71 times)

jjjetplane

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on: Jun 30, 2018
If a bank that is subject to a 10 percent required reserve ratio has 20,000 in excess reserves, it can make new loans of:
 a. 2,000 b. 18,000.
  c. 20,000 d. 200,000.

Question 2

If a country's population grows at the same rate as its real GDP, then real per capita GDP:
 a. grows at an increasing rate.
  b. grows at a constant rate.
  c. doesn't change.
  d. decreases at a decreasing rate.
  e. decreases at a constant rate.


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bigcheese9

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

c

Answer to Question 2

c


jjjetplane

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

scikid

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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