« previous next »

Author Question: Suppose the XYZ bank has excess reserves of 4,000 and demand deposits of 80,000 . If the required ... (Read 57 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jun 30, 2018
Suppose the XYZ bank has excess reserves of 4,000 and demand deposits of 80,000 . If the required reserve ratio is 25 percent, the banks total reserves equal:
 a. 16,000.
  b. 20,000.
  c. 24,000.
  d. 84,000.

Question 2

Ceteris paribus, if an 6 increase in quantity supplied is caused by an 8 increase in price, then:
 a. supply is elastic.
 b. supply is unit elastic.
 c. supply is inelastic.
 d. the supply curve is perfectly vertical.


pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

The theoretical design of nature reserves, based on the tenets of island biogeography. The theoretical design of nature reserves, based on the tenets of island biogeography.
Bank Bank
A spark plug from an engine that had a blown head gasket. The white deposits could be from the ... A spark plug from an engine that had a blown head gasket. The white deposits could be from the ...
The original Supply and Demand graph The original Supply and Demand graph
How much heat energy in Joules is required to heat 16.0 g of copper from 23.0 °C How much heat energy in Joules is required to heat 16.0 g of copper from 23.0 °C
A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ... A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ...
Video: Mycobacterium tuberculosis: Drug Resistance and Natural Selection

For a complete list of videos, visit our video library