Railroads attracted funds from foreign investors. Indicate ...

[Pineappleeh]

Railroads attracted funds from foreign investors.
 
  Indicate whether the statement is true or false

Question 2

If many banks fail, this is likely to cause a/an
 
  a. increase in the currency-to-deposit ratio.
  b. increase in the reserves-to-deposit ratio.
  c. a fall in the currency-to-deposit and reserves-to-deposit ratios.
  d. both a and b.
  e. none of the above.

[voltaire123]

Answer to Question 1

True

Answer to Question 2

D

[Pineappleeh]

Excellent

[ryhom]

Thanks for the timely response, appreciate it