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Author Question: Economic growth is measured by the percentage change in: a. potential nominal GDP. b. structural ... (Read 96 times)

mckennatimberlake

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on: Jun 30, 2018
Economic growth is measured by the percentage change in:
 a. potential nominal GDP.
 b. structural unemployment.
 c. the rule of 72.
 d. potential real GDP (LRAS).

Question 2

If a bank has actual reserves of 40,000 and a 20 percent reserve requirement, then the maximum amount of checkable deposits the bank can have if excess reserves are zero is:
 a. 100,000.
  b. 80,000.
  c. 300,000.
  d. 20,000.
  e. 200,000.


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kescobar@64

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

d

Answer to Question 2

e


mckennatimberlake

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

kthug

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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