Author Question: To count as required reserves, the reserves must be on deposit at the bank's district Federal ... (Read 34 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
To count as required reserves, the reserves must be on deposit at the bank's district Federal Reserve Bank. Is the previous statement correct or incorrect?
 
  What will be an ideal response?

Question 2

The figure above shows the market for a good with an external benefit. If the market is competitive and the government takes no action, the equilibrium quantity is ________ units and the equilibrium price is ________ per unit.
 
  A) 8; 150
  B) 8; 300
  C) 10; 250
  D) 10; 100
  E) 10; 150



Benayers

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

The statement is incorrect. Currency held in the bank's vault also counts as reserves.

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

For a complete list of videos, visit our video library