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

Author Question: Suppose the desired reserve ratio is 10 percent. If Urban Bank has total deposits of 1,000 and total ... (Read 114 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
Suppose the desired reserve ratio is 10 percent. If Urban Bank has total deposits of 1,000 and total assets of 10,000, the amount of desired reserves is
 
  A) 100.
  B) 900.
  C) 1,000.
  D) 9,000.
  E) 1,100.

Question 2

The price of a tomato increases and people buy more lettuce. You infer that lettuce and tomatoes are ________.
 
  A) complements
  B) normal goods
  C) substitutes
  D) inferior goods


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

31809pancho

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Metfan725

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Wow, this really help

amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Total fertility rates (TFRs) among major regions of the world. Total fertility rates (TFRs) among major regions of the world.
Urban agglomeration Urban agglomeration
The Effect of Using a Ratio Scale The Effect of Using a Ratio Scale
The coefficient of the restitution of an object is defined as the ratio of its outgoing to ... The coefficient of the restitution of an object is defined as the ratio of its outgoing to ...
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ... A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ...
Video: EpiPen Animation (Part 2)

For a complete list of videos, visit our video library