Best National Bank is subject to a 10 percent required reserve ...

[elizabeth18]

Best National Bank is subject to a 10 percent required reserve ratio. If this bank received a new checkable deposit of 1,000 . it could make new loans of:
 a. 100 b. 900.
  c. 1,000 d. 10,000.

Question 2

Which of the following is not a problem for less-developed countries?
 a. Poor health and nutrition.
  b. Shortages of labor.
  c. High unemployment rates.
  d. Low labor productivity.
  e. low life expectancy

[juliaf]

Answer to Question 1

b

Answer to Question 2

b

[elizabeth18]

Thanks for the timely response, appreciate it

[tkempin]

Wow, this really help