Author Question: With a required reserve ratio of 20 percent, an increase in reserves of 10,000 could lead to a ... (Read 97 times)

MGLQZ · **on:** Jun 29, 2018

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