This topic contains a solution. Click here to go to the answer

Author Question: If the money stock is 900 million and the reserve requirement is 20, what is the monetary base? ... (Read 135 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
If the money stock is 900 million and the reserve requirement is 20, what is the monetary base?
 
  A) 180 million
  B) 4,500 million
  C) 720 million
  D) The monetary base cannot be determined with the information given.

Question 2

A debit entry in the balance of payments system could be from which of the following?
 
  A) a payment from abroad received by a domestic resident.
  B) a payment made while abroad by a domestic resident.
  C) a decrease in the current account deficit.
  D) an increase to the capital account surplus.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

miss.ashley

  • Sr. Member
  • ****
  • Posts: 371
Answer to Question 1

A

Answer to Question 2

B




asd123

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Wow, this really help


scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

For a complete list of videos, visit our video library