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Author Question: Suppose Marquette Bank and Trust has 10 million in total deposits and the required reserve ratio is ... (Read 149 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
Great answer, keep it coming :)


DylanD1323

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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