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Author Question: If the reserve ratio is designated by r, how much of a deposit can banks lend out? A) (1 - r) B) ... (Read 55 times)

WhattoUnderstand

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on: Jun 30, 2018
If the reserve ratio is designated by r, how much of a deposit can banks lend out?
 
  A) (1 - r) B) r / (1 - r) C) 1 / r D) 1 / (1 - r)

Question 2

The purchase of a new Boeing fighter jet by Israel is classified in the U.S. GDP accounts as
 
  A) import expenditure.
  B) export expenditure.
  C) consumption expenditure.
  D) investment expenditure.
  E) government expenditure.


Dominic

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


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