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Author Question: Assume the Federal Reserve increases the required reserve ratio from 10 to 20 percent and reserves ... (Read 81 times)

NClaborn

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Assume the Federal Reserve increases the required reserve ratio from 10 to 20 percent and reserves are 80 billion. Then the change in the money supply will be
 
  a. 80 billion.
  b. 20 billion.
  c. 400 billion.
  d. 800 billion.
  e. none of the above

Question 2

The Webb-Pomerene Act of 1918 prohibits price fixing and other anticompetitive agreements that pertain solely to goods for export.
 
  Indicate whether the statement is true or false



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ilianabrrr

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Answer to Question 1

C

Answer to Question 2

True




NClaborn

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Reply 2 on: Jun 30, 2018
Wow, this really help


aliotak

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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