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

Author Question: If Bulge Bank has a desired reserve ratio of 10 percent, loans of 25,000, deposits of 100,000, vault ... (Read 37 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507
on: Jun 29, 2018
If Bulge Bank has a desired reserve ratio of 10 percent, loans of 25,000, deposits of 100,000, vault cash of 10,000, and reserves at the Fed of 65,000, then the bank
 
  A) has no remaining capacity to make loans.
  B) does not have enough reserves to meet its requirement.
  C) has excess reserves of 65,000.
  D) has excess reserves of 55,000.
  E) has excess reserves of 75,000.

Question 2

Refer to the figure above. What is the domestic price of pens in Lithasia?
 
  A) 1
  B) 2
  C) 3
  D) 6


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Medesa

  • Member
  • Posts: 507
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

kjohnson

  • Member
  • Posts: 330
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Directional drilling taps multiple oil deposits Directional drilling taps multiple oil deposits
Aneurysm. Photograph of the aorta, the large blood vessel arising from the heart, with a large bulge Aneurysm. Photograph of the aorta, the large blood vessel arising from the heart, with a large bulge
Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
Percent of Mothers in the Workforce by Age of Children and Marital Status Percent of Mothers in the Workforce by Age of Children and Marital Status
Oceanic Deposits Oceanic Deposits
Video: Lipid catabolism - lipolysis and beta oxidation and oxidation of fatty acids

For a complete list of videos, visit our video library