Suppose the quantity demanded is 5 units when the price is 1.00. ...

[ishan]

Suppose the quantity demanded is 5 units when the price is 1.00. If the price rises to 2.00, the quantity demanded falls to 3 units. The price elasticity of demand is
 
  A) 0.5.
  B) 0.75.
  C) 1.33.
  D) 2.00.

Question 2

Of the following, the riskiest assets held by commercial banks are
 
  A) reserves.
  B) U.S. government bonds.
  C) U.S. government Treasury bills.
  D) loans.

[tandmlomax84]

Answer to Question 1

B

Answer to Question 2

D

[ishan]

Wow, this really help

[Bigfoot1984]

Thanks for the timely response, appreciate it