Author Question: According to Fishlow's (1972) work, the U.S. railroads before the Civil War were typically built ... (Read 51 times)

sabina · **on:** Jun 30, 2018

According to Fishlow's (1972) work, the U.S. railroads before the Civil War were typically built ahead of demand by private capital.

Indicate whether the statement is true or false

Question 2

If the money supply is 200 million, the reserve requirement is 20, and currency holding 10 million, then reserves are

a. 10 million.
b. 40 million.
c. 30 million.
d. 40 million.
e. none of the above