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 86 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
Thanks for the timely response, appreciate it

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

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?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

An individual's performance can be limited by environmental conditions, such as temperature. Ac An individual's performance can be limited by environmental conditions, such as temperature. Ac
Single blood cell Single blood cell
Extended Objects Create a Focal Plane Extended Objects Create a Focal Plane
The bridging ability of IgM: (a) Pictorial view of IgM bridging of red cells. (b) Macroscopic view ... The bridging ability of IgM: (a) Pictorial view of IgM bridging of red cells. (b) Macroscopic view ...
Testing client’s ability to identify sharp sensations Testing client’s ability to identify sharp sensations
Time value money Time value money
Video: Antidiuretic hormone (vasoconstriction, water reabsorption & sweat inhibition)

For a complete list of videos, visit our video library