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

Author Question: Banks create money when they make loans. a. True b. False Indicate whether the statement is true ... (Read 139 times)

HCHenry

  • Hero Member
  • *****
  • Posts: 591
on: Jun 30, 2018
Banks create money when they make loans.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the required reserve ratio is 4 percent, then 100 of reserves can support up to 2,500 of checkable deposits.
 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

recede

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

True


HCHenry

  • Member
  • Posts: 591
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

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?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Wild chimpanzees make and use simple tools to obtain food, learning tool making from one another. Wild chimpanzees make and use simple tools to obtain food, learning tool making from one another.
Cat Got Money Cat Got Money
Students and Money Students and Money
Rolling on the arm. Hands on opposite sides of the arm compress and roll the soft tissues and create ... Rolling on the arm. Hands on opposite sides of the arm compress and roll the soft tissues and create ...
Biomass can be processed to make vehicle fuels Biomass can be processed to make vehicle fuels
If we make the substitution z=sqrt(x) to ∫sqrt(1-sqrt(x)) dx, the resulting integral is If we make the substitution z=sqrt(x) to ∫sqrt(1-sqrt(x)) dx, the resulting integral is
Video: Premenstrual Syndrome

For a complete list of videos, visit our video library