Author Question: The number of dollars that the commercial banking system can add to the money supply for each dollar ... (Read 91 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
The number of dollars that the commercial banking system can add to the money supply for each dollar of new reserves created by the Fed
 
  A) cannot legally be greater than 8 nor less than 2.
  B) is governed largely by reserve requirements and the form in which the public chooses to hold money.
  C) is less than one because a portion of new reserves must be retained in bank vaults or on deposit with the Fed.
  D) would increase if the public decided to transfer the amounts currently in commercial bank savings accounts into checking accounts.

Question 2

The above figures show the market for hamburger meat. Which figure(s) shows the effect of an increase in the number of people who eat hamburger meat?
 
  A) Figure A
  B) Figure B
  C) Figure C
  D) Figures A and C



dajones82

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

For a complete list of videos, visit our video library