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Author Question: The full-employment level of real GDP is the level which can be produced with: a. given technology ... (Read 92 times)

laurencescou

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on: Jun 30, 2018
The full-employment level of real GDP is the level which can be produced with:
 a. given technology and productive resources.
 b. frictional and structural unemployment equal to zero.
  c. cyclical unemployment equal to zero.
 d. both a and b.
 e. both a and c.

Question 2

Best National Bank is subject to a 20 percent required reserve ratio. If this bank received a new checkable deposit of 1,000 . it could make new loans of:
 a. 500 b. 800.
  c. 1,000 d. 5,000.


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bblaney

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

e

Answer to Question 2

b


laurencescou

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

parshano

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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