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Author Question: What are the institutions that make up the nation's banking system? What will be an ideal ... (Read 116 times)

nenivikky

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on: Jun 29, 2018
What are the institutions that make up the nation's banking system?
 
  What will be an ideal response?

Question 2

Refer to the figure above. In equilibrium, ________.
 
  A) Firm 1 will follow Strategy Y, and Firm 2 will follow Strategy X
  B) Firm 1 will follow Strategy X, and Firm 2 will follow Strategy Y
  C) both firms will follow Strategy X
  D) both firms will follow Strategy Y


shewald78

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Part of the nation's banking system is the Federal Reserve System. The other part consists of the banks and other institutions that accept deposits and that provide the services that enable people and businesses to make and receive payments. There are three general types of financial institutions: commercial banks, thrift institutions, and money market funds.

Answer to Question 2

A


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nenivikky

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Reply #2 on: Jun 29, 2018
Correct answers!


shewald78

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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