« previous next »

Author Question: Actual reserves are equal to A) required reserves plus fractional deposits. B) excess reserves ... (Read 205 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?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Tar deposits in the lung Tar deposits in the lung
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
Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b
(B) Actual photo of fetus at week 9. (B) Actual photo of fetus at week 9.
A spark plug from an engine that had a blown head gasket. The white deposits could be from the ... A spark plug from an engine that had a blown head gasket. The white deposits could be from the ...
Glacial Deposits Glacial Deposits
Video: Neurosynapse Animation

For a complete list of videos, visit our video library