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Author Question: The above table presents the balance sheet of the TBK commercial bank. If the desired reserve ratio ... (Read 150 times)

naturalchemist

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on: Jun 29, 2018
The above table presents the balance sheet of the TBK commercial bank. If the desired reserve ratio is 25 percent, what is this bank's desired reserves?
 
  A) 120
  B) 150
  C) 175
  D) 30

Question 2

An American consumer buys a French luxury product in New York. In the U.S. balance of payments accounts, this transaction directly appears in
 
  A) the official settlements account.
  B) the imports part of the current account.
  C) the net transfers part of the current account.
  D) the capital and financial account.


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chjcharjto14

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

B

Answer to Question 2

B


naturalchemist

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

mohan

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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