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

Author Question: A single bank is severely limited in its ability to create money because: a. the FDIC will not ... (Read 84 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
A single bank is severely limited in its ability to create money because:
 a. the FDIC will not permit it to create money unless the Resolution Trust Corporation guarantees the loans.
  b. loan recipients usually take the proceeds of the loan in cash.
 c. the funds loaned probably will be deposited in another bank.
 d. recent federal legislation prohibits banks from creating money except to finance international trade.

Question 2

The money supply function reflects a positive relationship between the interest rate and the quantity of money supplied.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wfdfwc23

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

False


NguyenJ

  • Member
  • Posts: 516
Reply 2 on: Jun 30, 2018
Excellent

tuate

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

When teenagers live in single-parent homes, a good relationship with grandparents is related to ... When teenagers live in single-parent homes, a good relationship with grandparents is related to ...
Reaction limited by substrate concentration Reaction limited by substrate concentration
Two stubby screwdrivers used to access screws that have limited space above. A straight blade is on ... Two stubby screwdrivers used to access screws that have limited space above. A straight blade is on ...
Graph showing oral administration of a single-dose drug. The time of onset is 2 hours and the end of ... Graph showing oral administration of a single-dose drug. The time of onset is 2 hours and the end of ...
The RecA strand exchange reaction as shown from single-molecule studies The RecA strand exchange reaction as shown from single-molecule studies
Testcross of a single character Testcross of a single character
Video: Muscular Dystrophy

For a complete list of videos, visit our video library