With a required reserve ratio of 20 percent, an increase in ...

[MGLQZ]

With a required reserve ratio of 20 percent, an increase in reserves of 10,000 could lead to a maximum increase in checking account deposits in the entire banking system of
 
  A) 2,000. B) 8,000. C) 50,000. D) 100,000.

Question 2

Some corporate governance experts believe that serving on a company's board of directors for an extended length of time ________that member's independence from the company's CEO.
 
  If this is true, it would tend to ________ the principal-agent problem.
  A) diminishes; increase B) enhances; increase
  C) has no impact on; increase D) diminishes; decrease

[Juro]

Answer to Question 1

C

Answer to Question 2

A

[MGLQZ]

Thanks for the timely response, appreciate it

[cpetit11]

YES! Correct, THANKS for helping me on my review