Author Question: Suppose a bank has 1 million in deposits, a reserve ratio of 25 percent, and reserves of 250,000. ... (Read 124 times)

cabate · **on:** Jun 30, 2018

Suppose a bank has 1 million in deposits, a reserve ratio of 25 percent, and reserves of 250,000. This bank has excess reserves of

A) 250,000. B) 125,000. C) 62,500. D) 0.

Question 2

Which of the following statements is true?

A) In the United States, the unemployment rate among bachelor degree holders is more than the unemployment rate among high school diploma holders.
B) Unemployment rate is higher among groups with lower educational attainment.
C) More educated workers have a lower opportunity cost of time than less educated workers.
D) The unemployment rate in a country normally increases when the country's economy expands.