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Author Question: In a simplified system, a bank receiving a new deposit can extend new loans equal to the amount by ... (Read 62 times)

laurencescou

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on: Jun 30, 2018
In a simplified system, a bank receiving a new deposit can extend new loans equal to the amount by which its excess reserves increase.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Reserves of banks appear on their balance sheet as liabilities.
 a. True
  b. False
  Indicate whether the statement is true or false


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yahahah24021

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

True

Answer to Question 2

False


laurencescou

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Mochi

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  • Posts: 300
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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