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Author Question: Suppose Marquette Bank and Trust has 10 million in total deposits and the required reserve ratio is ... (Read 134 times)

bobthebuilder

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Suppose Marquette Bank and Trust has 10 million in total deposits and the required reserve ratio is 7. How many dollars can the bank use to seek profit opportunities?
 
  A) 9.3 million
  B) 7 million
  C) 930,000
  D) 700,000
  E) 0. Banks cannot seek profits.

Question 2

The slope of a positive relationship is
 
  A) positive.
  B) undefined.
  C) positive to the right of the maximum point and negative to the left.
  D) constant as long as the relationship is nonlinear.



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irishcancer18

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Answer to Question 1

A

Answer to Question 2

A




bobthebuilder

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


nothere

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Reply 3 on: Yesterday
Excellent

 

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