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Author Question: If the reserve ratio is 0.3 and a deposit of 1,000 is made to the bank, the bank can lend out 700. ... (Read 109 times)

formula1

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on: Jun 30, 2018
If the reserve ratio is 0.3 and a deposit of 1,000 is made to the bank, the bank can lend out 700.
 
  Indicate whether the statement is true or false

Question 2

The question Should we produce houses using bricks or wood? is an example of a ________ question.
 
  A) what B) how C) why D) for whom E) where
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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ynlevi

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

TRUE

Answer to Question 2

B


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formula1

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Reply #2 on: Jun 30, 2018
Thank you


ynlevi

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Reply #3 on: Jun 30, 2018
No problemo


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