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Author Question: For a depository institution, reserves are: a. assets on the balance sheet. b. loans to ... (Read 122 times)

anshika

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on: Jun 30, 2018
For a depository institution, reserves are:
 a. assets on the balance sheet.
  b. loans to individuals and businesses.
  c. borrowings from the central bank.
  d. liabilities it owes to customers.
  e. checkable deposits.

Question 2

A price ceiling set above the equilibrium price causes a surplus in the market.
 a. True
  b. False
  Indicate whether the statement is true or false


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karmakat49

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

False


anshika

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

cpetit11

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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