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Author Question: If a single banks faces a required reserve ratio of 20 percent, has total reserves of 500,000 . and ... (Read 89 times)

colton

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on: Jun 30, 2018
If a single banks faces a required reserve ratio of 20 percent, has total reserves of 500,000 . and checkable deposit liabilities of 400,000 . what is the maximum amount of money this bank could create (add to the money supply)?
 a. 420,000 b. 100,000.
  c. 80,000 d. 2,100,000.

Question 2

Which of the following does not hinder economic development?
 a. Lack of education
  b. Poor agricultural productivity
  c. Low investment in human capital
  d. Lack of technology
  e. Good nutrition


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essyface1

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

a

Answer to Question 2

e


colton

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Reply #2 on: Jun 30, 2018
Thank you :)


essyface1

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Reply #3 on: Jun 30, 2018
Happy to help you


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