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

Author Question: Refer to the scenario above. Charles will receive a payoff of ________ if Beth trusts him and he ... (Read 53 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
Refer to the scenario above. Charles will receive a payoff of ________ if Beth trusts him and he defects.
 
  A) 50
  B) 0
  C) 20
  D) 10

Question 2

A bank has checking deposits of 400, saving deposits of 900, time deposits of 900, loans of 950, government securities of 900, outstanding credit card balances of 400, currency in its vault of 40, and deposits in its reserve account at the Fed
 
  of 40. a. What is the amount of this bank's deposits that are in M1? b. What is the amount of this bank's deposits that are in M2? c. What is the amount of this bank's reserves?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

KKcool

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

a. The only deposit that is in M1 is the checking deposits, so the amount of this bank's deposits that are in M1 is 400.
b. Deposits in M2 include checking deposits, saving deposits, and time deposits. Therefore the amount of this bank's deposits that are in M2 equals 400 + 900 + 900 = 2,200.
c. Reserves are the sum of the currency in the bank's vault plus its deposits in its reserve account at the Fed. Therefore the bank's reserves are 40 + 40 = 80.


jake

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
Gracias!

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

This portrait of Thomas Jefferson is considered an accurate likeness, painted when he was thirty-sev This portrait of Thomas Jefferson is considered an accurate likeness, painted when he was thirty-sev
Charles E. Coughlin, the “Radio Priest,” was the father of conservative “talk radio.” Charles E. Coughlin, the “Radio Priest,” was the father of conservative “talk radio.”
Charles Horton Cooley Charles Horton Cooley
Charles Manson Charles Manson
If 0.40 mol of NaN3 reacts completely in the reaction shown below, then ________ L of N2 will ... If 0.40 mol of NaN3 reacts completely in the reaction shown below, then ________ L of N2 will ...
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Simple Diffusion - gases and nonpolar compounds transport

For a complete list of videos, visit our video library