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Author Question: In a simplified banking system subject to a 25 percent required reserve ratio, a 1,000 open-market ... (Read 61 times)

littleanan

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on: Jun 30, 2018
In a simplified banking system subject to a 25 percent required reserve ratio, a 1,000 open-market purchase by the Fed would cause the money supply to:
 a. increase by 1,000 b. decrease by 1,000.
  c. decrease by 4,000 d. increase by 4,000.

Question 2

Which of the following makes short-term conditional low-interest loans to LDCs?
 a. World Bank.
  b. Agency for International Development (AID).
  c. Agency for International Finance (AIF).
  d. International Monetary Fund (IMF).


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pangili4

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

d

Answer to Question 2

d


littleanan

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Reply 2 on: Jun 30, 2018
Excellent

Joy Chen

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Reply 3 on: Yesterday
Wow, this really help

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