This topic contains a solution. Click here to go to the answer

Author Question: When a bank has excess reserves A) it can create money. B) it can make loans. C) it has too ... (Read 157 times)

MirandaLo

  • Hero Member
  • *****
  • Posts: 538
When a bank has excess reserves
 
  A) it can create money.
  B) it can make loans.
  C) it has too many loans.
  D) Both answers A and B are correct.

Question 2

In a perfectly competitive industry, the demand for a single firm's product is
 
  A) perfectly inelastic.
  B) perfectly elastic.
  C) as elastic as the market demand.
  D) inelastic, but not perfectly inelastic.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

djpooyouma

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

D

Answer to Question 2

B




MirandaLo

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
Excellent


brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

For a complete list of videos, visit our video library