Author Question: In the above figure, the efficient level of chemicals produced per week is A) 0 tons. B) 4 tons. ... (Read 157 times)

sam.t96 · **on:** Jun 29, 2018

In the above figure, the efficient level of chemicals produced per week is

A) 0 tons.
B) 4 tons.
C) between 5 and 7 tons.
D) 8 tons.

Question 2

The table below shows data (in millions) for Sun Trust Banks in September 2007 and September 2008. Suppose that the required reserve ratio is 3 percent.

2007 2008
Loans 83 78
Reserves 4 5
Deposits 114 95

The data show that Sun Trust ________ make more loans in 2007 and ________ make more loans in 2008.
A) can; can
B) can; cannot
C) cannot; cannot
D) cannot; can