This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following explains why a bank holds reserves? I. Banks are required by law to hold ... (Read 54 times)

Pineapplelove6

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
Which of the following explains why a bank holds reserves?
 
  I. Banks are required by law to hold reserves.
  II. To meet depositors' currency withdrawals
  III. To use them to make loans to households
  A) I only
  B) II only
  C) I and II
  D) I, II, and III
  E) I and III

Question 2

An increase in disposable income shifts the supply of loanable funds curve
 
  A) leftward and decreases the real interest rate.
  B) leftward and increases the real interest rate.
  C) rightward and decreases the real interest rate.
  D) rightward and increases the real interest rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cclemon1

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Pineapplelove6

  • Member
  • Posts: 560
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Potential gas reserves have increased significantly with the discovery of new shale gas formations Potential gas reserves have increased significantly with the discovery of new shale gas formations
How much water does the amniotic sac hold? How much water does the amniotic sac hold?
A farmer is building a new cylindrical silo that will hold 1800 cm3 of corn. Wha A farmer is building a new cylindrical silo that will hold 1800 cm3 of corn. Wha
Twenty percent of the automobiles inspected at a state inspection station required repairs to ... Twenty percent of the automobiles inspected at a state inspection station required repairs to ...
The assembly of general transcription factors required for the initiation of transcription by RNAP I The assembly of general transcription factors required for the initiation of transcription by RNAP I
Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ... Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ...
Video: Digestion Animation

For a complete list of videos, visit our video library