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

Author Question: Commercial banks' assets include ________. A. bank deposits of individuals and businesses and ... (Read 141 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
on: Jun 29, 2018
Commercial banks' assets include ________.
 
  A. bank deposits of individuals and businesses and bank reserves
  B. loans to individuals and businesses and government securities
  C. bank reserves and the deposits in M2
  D. government securities and borrowed funds

Question 2

At a price of 100, Beachside Canoe Rentals rented 11 canoes. When it increased its rental price to 125, 9 canoes were rented. Calculate the absolute value of the price elasticity of demand for canoe rentals using the midpoint formula.
 
  A) 2 B) 1.25 C) 0.9 D) 0.75


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

soda0602

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 29, 2018
Answer to Question 1

B The discussion in the text about banks' assets shows that banks' assets include securities and loans.

Answer to Question 2

C


Chloeellawright

  • Member
  • Posts: 588
Reply 2 on: Jun 29, 2018
Wow, this really help

epscape

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Organisms exhibit a diversity of behaviours, which include (clockwise from upper left), foraging and Organisms exhibit a diversity of behaviours, which include (clockwise from upper left), foraging and
Individuals Who Should Be Vaccinated Against Hepatitis B Individuals Who Should Be Vaccinated Against Hepatitis B
Pathogenic microorganisms include (A) bacteria, (B) viruses, (C) protozoa, and (D) helminths. Pathogenic microorganisms include (A) bacteria, (B) viruses, (C) protozoa, and (D) helminths.
The West Bank Challenge The West Bank Challenge
TASTE: More Matters: Include Fruit and Vegetables in Meals and Snacks TASTE: More Matters: Include Fruit and Vegetables in Meals and Snacks
Video: Inflammation

For a complete list of videos, visit our video library