Author Question: Refer to Table 25-3. Consider the above simplified balance sheet for a bank. If the required reserve ... (Read 135 times)

lilldybug07

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Refer to Table 25-3. Consider the above simplified balance sheet for a bank. If the required reserve ratio is 10 percent, the bank can make a maximum loan of
 
  A) 2,000. B) 5,000. C) 6,300. D) 45,000.

Question 2

Refer to Table 20-14. The real average hourly earnings for 1965 in 1982-1984 dollars equal
 
  A) 1.28. B) 6.49. C) 8.28. D) 15.45.



Viet Thy

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Answer to Question 1

A

Answer to Question 2

C



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