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 113 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
YES! Correct, THANKS for helping me on my review

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

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
Pacific hagfish at 150 meters depth, California, Cordell Bank National Marine Sanctuary. Pacific hagfish at 150 meters depth, California, Cordell Bank National Marine Sanctuary.
Joseph Banks Joseph Banks
Should we restore YellowstoneNationalPark, as our flagship National Park, to include the natural ... Should we restore YellowstoneNationalPark, as our flagship National Park, to include the natural ...
How to calculate regular payments or deposits using the annuity formula (Question 2) How to calculate regular payments or deposits using the annuity formula (Question 2)
TASTE: More Matters: Include Fruit and Vegetables in Meals and Snacks TASTE: More Matters: Include Fruit and Vegetables in Meals and Snacks
Video: Glucose anabolism reactions: Glycogenolysis and Gluconeogenesis

For a complete list of videos, visit our video library