« previous next »

Author Question: Suppose a bank has 8 million in deposits and a reserve ratio of 20 percent. Its required reserves ... (Read 179 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
on: Jun 30, 2018
Suppose a bank has 8 million in deposits and a reserve ratio of 20 percent. Its required reserves are
 
  A) 40,000. B) 400,000. C) 1,600,000. D) 16,000,000.

Question 2

Suppose the overall MPC is 0.9. If a 2 billion increase in imports to the United States will lead to a 10 billion decrease in GDP, the value of the marginal propensity to import must be
 
  A) 0.1. B) 0.2. C) 0.5. D) 0.8.


jasonq

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s
Becoming a Certified Medical Assistant may demonstrate your commitment to the profession and the con Becoming a Certified Medical Assistant may demonstrate your commitment to the profession and the con
Identical twins share 100 percent of their segregating genes. Identical twins share 100 percent of their segregating genes.
Reserves can work for both fish and fishers Reserves can work for both fish and fishers
Cave deposits as an indicator of environmental change Cave deposits as an indicator of environmental change
The X/A ratio determines gene transcription and transcript splicing pattern The X/A ratio determines gene transcription and transcript splicing pattern
Video: Glycolysis - Introduction to ATP and the burning of sugar

For a complete list of videos, visit our video library