Author Question: If a single banks faces a required reserve ratio of 20 percent, has total reserves of 500,000 . and ... (Read 34 times)

colton · **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

essyface1 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

a

Answer to Question 2

e

colton · **Reply #2 on:** Jun 30, 2018

Thank you

essyface1 · **Reply #3 on:** Jun 30, 2018

Happy to help you

Author Question: If a single banks faces a required reserve ratio of 20 percent, has total reserves of 500,000 . and ... (Read 34 times)

colton

If a single banks faces a required reserve ratio of 20 percent, has total reserves of 500,000 . and ...

Related Topics

Need homework help now?

essyface1

If a single banks faces a required reserve ratio of 20 percent, has total reserves of 500,000 . and ...

colton

If a single banks faces a required reserve ratio of 20 percent, has total reserves of 500,000 . and ...

essyface1

If a single banks faces a required reserve ratio of 20 percent, has total reserves of 500,000 . and ...