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Author Question: With a required reserve ratio of 20 percent, an increase in reserves of 10,000 could lead to a ... (Read 74 times)

MGLQZ

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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


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Juro

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


MGLQZ

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

EAN94

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Reply 3 on: Yesterday
:D TYSM

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