This topic contains a solution. Click here to go to the answer

Author Question: If your bank faces a 20 percent required reserve ratio and receives a checkable deposit of 4,000 . ... (Read 32 times)

piesebel

  • Hero Member
  • *****
  • Posts: 565
If your bank faces a 20 percent required reserve ratio and receives a checkable deposit of 4,000 . it can make additional loans worth a maximum of:
 a. 800.
  b. 3,200.
  c. 4,000.
  d. 16,000.
  e. 20,000.

Question 2

A nation's infrastructure includes all of the following except its:
 a. market system.
  b. educational system.
  c. energy system.
  d. railroad system.
  e. religious system.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jane

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

b

Answer to Question 2

e




piesebel

  • Member
  • Posts: 565
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library