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

Author Question: Assume that the reserve requirement is 10 percent. If a bank has total deposits of 80 million, then ... (Read 101 times)

MGLQZ

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
Assume that the reserve requirement is 10 percent. If a bank has total deposits of 80 million, then the required reserves must equal:
 a. 80 million.
  b. 12 million.
  c. 50 million.
  d. 8 million.
  e. 10 million.

Question 2

If a price floor is not binding, then it will have no effect on the market.
 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

smrtceo

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


MGLQZ

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Gracias!

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

One target for expanding medical services involves vaccinations. Only 78 percent of children ages 19 ... One target for expanding medical services involves vaccinations. Only 78 percent of children ages 19 ...
A typical bank statement. A typical bank statement.
A partial stream sampling exhaust probe being used to measure exhaust gases in parts per million ... A partial stream sampling exhaust probe being used to measure exhaust gases in parts per million ...
How to calculate regular payments or deposits using the annuity formula (Question 2) How to calculate regular payments or deposits using the annuity formula (Question 2)
Oil sands reserve in the world Oil sands reserve in the world
Belief that premarital sex is “not wrong at all,” Canada, 1975—2016 (in percent) Belief that premarital sex is “not wrong at all,” Canada, 1975—2016 (in percent)
Video: HDL (high density lipoprotein)

For a complete list of videos, visit our video library