The required reserve ratio is the ratio of reserves to ________ ...

[Brittanyd9008]

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

[robbielu01]

Answer to Question 1

A

Answer to Question 2

A

[Brittanyd9008]

Thanks for the timely response, appreciate it

[kswal303]

Wow, this really help