Banks would be expected to minimize holding excess reserves ...

[Haya94]

Banks would be expected to minimize holding excess reserves because this practice is:
 a. illegal.
  b. not profitable.
  c. technically difficult.
  d. subject to a stiff excess reserves tax.

Question 2

Which of the following helps low-income countries grow rapidly relative to high-income countries?
 a. Low-income countries are in a better position to save a larger share of their income.
  b. Low-income countries can employ technologies and practices that have been successful in high-income countries.
  c. Low-income countries generally have legal systems that protect property rights and enforce contracts in a more evenhanded manner.
  d. Low-income countries generally have more favorable weather conditions.

[matt]

Answer to Question 1

b

Answer to Question 2

b

[Haya94]

Thanks for the timely response, appreciate it

[brbarasa]

Excellent