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Author Question: The required reserve ratio is the ratio of reserves to ________ required by banking regulations. ... (Read 106 times)

Brittanyd9008

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on: Jun 29, 2018
The required reserve ratio is the ratio of reserves to ________ required by banking regulations.
 
  A) deposits
  B) loans
  C) profits
  D) currency

Question 2

Suppose that 1 U.S. costs 1.50 Canadian. If in St. Louis a CD costs 10 U.S. and in Montreal it costs 15 Canadian, then ________.
 
  A) purchasing power parity holds
  B) Canadians will buy CDs in St. Louis
  C) Americans will buy CDs in Montreal
  D) Virgin Records will have an incentive to build more stores in North America


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robbielu01

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

A

Answer to Question 2

A


Brittanyd9008

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

lkanara2

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

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