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Author Question: If the required reserve ratio is 10 percent, 1,000 cash deposited into a checkable deposit account ... (Read 33 times)

darbym82

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If the required reserve ratio is 10 percent, 1,000 cash deposited into a checkable deposit account will generate, assuming willing borrowers, an increase in the money supply of:
 a. 900.
  b. 1,100.
  c. 9,000.
  d. 10,000.
  e. 11,000.

Question 2

Of the following choices, which is the best example of a nation's economic infrastructure?
 a. Natural resources.
  b. Highway system.
  c. Government.
  d. Religious and cultural beliefs.
  e. Population growth rate.



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welcom1000

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Answer to Question 1

c

Answer to Question 2

b




darbym82

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Reply 2 on: Jun 30, 2018
Excellent


6ana001

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Reply 3 on: Yesterday
Gracias!

 

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