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Author Question: When a bank has excess reserves A) it can create money. B) it can make loans. C) it has too ... (Read 89 times)

MirandaLo

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on: Jun 29, 2018
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.


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djpooyouma

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

D

Answer to Question 2

B


MirandaLo

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

rachel

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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