« previous next »

Author Question: Given the following information about Gotham Bank: Bank Deposits 50,000 Loans 34,000 Reserves ... (Read 33 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Given the following information about Gotham Bank:
 
  Bank Deposits 50,000
  Loans 34,000
  Reserves 12,000
  Reserve Requirement 20 percent
 
  Gotham Bank is holding ________ in excess reserves.
  A) 22,000 B) 12,000 C) 2,000 D) -2,000

Question 2

Which of the following illustrates a burden of the national debt?
 
  A) Future generations will have to pay lower taxes to finance the national debt.
  B) A large debt decreases the amount of capital, thereby decreasing future incomes.
  C) The current generation receives a higher level of government services.
  D) The current generation pays a higher level of taxes.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

World oil reserves World oil reserves
Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui
1-16 The Sun’s Daily Path and the Energy It Deposits Here 1-16 The Sun’s Daily Path and the Energy It Deposits Here
Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
Older participants remember more information than younger participants when material has emotional ... Older participants remember more information than younger participants when material has emotional ...
Types of wind deposits Types of wind deposits
Video: Introduction to Tuberculosis

For a complete list of videos, visit our video library