« previous next »

Author Question: Actual reserves are equal to A) required reserves plus fractional deposits. B) excess reserves ... (Read 192 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
on: Jun 29, 2018
Actual reserves are equal to
 
  A) required reserves plus fractional deposits.
  B) excess reserves plus liabilities.
  C) minimum balances plus desired reserves.
  D) government securities plus cash in the bank's vault.
  E) desired reserves plus excess reserves.

Question 2

You buy new water skis and other new equipment for 2,500 and take a week off of your job, where you earn 1,000 a week, to go water skiing. The equipment you purchased was all produced in the United States. You think that the week was worth 4,000.
 
  As a result of your vacation, GDP changes by how much?


amy.lauersdorf90

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

GDP changes by only the 2,500 you spent on the water skis and other equipment.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

kfurse

  • Hero Member
  • *****
  • Posts: 590
Reply #2 on: Jun 29, 2018
Thank you


amy.lauersdorf90

  • Sr. Member
  • ****
  • Posts: 327
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

World oil reserves World oil reserves
Lymphatic vessels pick up excess tissue fluid, purify it in the lymph nodes, and then return it to t Lymphatic vessels pick up excess tissue fluid, purify it in the lymph nodes, and then return it to t
When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
How to evaluate algebraic terms containing fractional exponents without a calculator How to evaluate algebraic terms containing fractional exponents without a calculator
How to calculate regular payments or deposits using the annuity formula (Question 1) How to calculate regular payments or deposits using the annuity formula (Question 1)
Geese continued to follow a human around assuming their actual mothers Geese continued to follow a human around assuming their actual mothers
Video: Facilitated Diffusion - Glucose transport

For a complete list of videos, visit our video library