This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Say the required reserve ratio is 20 percent. If you pay back a loan of 10,000 a bank had previously ... (Read 63 times)

abarnes

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Say the required reserve ratio is 20 percent. If you pay back a loan of 10,000 a bank had previously made to you, the act of paying back the loan:
 a. adds 2,000 in bank reserves.
 b. adds 10,000 in bank reserves.
 c. eliminates 2,000 in bank reserves.
  d. eliminates 10,000 in bank reserves.

Question 2

According to the long-run Phillips curve, which of the following will be the end result of an expansionary monetary policy when unemployment is at its natural rate?
 a. Zero inflation
  b. Deflation
  c. A constant level of potential real GDP
  d. A decrease in unemployment
  e. An increase in unemployment


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sultana.d

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


abarnes

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
:D TYSM

coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

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 planes of the body. The sagittal plane is vertical from front to back, the frontal plane is vert The planes of the body. The sagittal plane is vertical from front to back, the frontal plane is vert
Pluto is back Pluto is back
The subculture that centers around tattooing previously existed on the fringes of society, with ... The subculture that centers around tattooing previously existed on the fringes of society, with ...
Finishing techniques for the back of the body. With the recipient fully draped, gently rock the body ... Finishing techniques for the back of the body. With the recipient fully draped, gently rock the body ...
Reverse pull-ups (palms up) from hip to armpit. Reach under the back and pull up with the fingertips ... Reverse pull-ups (palms up) from hip to armpit. Reach under the back and pull up with the fingertips ...
Celine Dion - Loved Me Back To Life (Hudson Leite & Thaellysson Pablo Remix) Celine Dion - Loved Me Back To Life (Hudson Leite & Thaellysson Pablo Remix)
Video: Neuron Structure Animation

For a complete list of videos, visit our video library