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Author Question: Best National Bank is subject to a 10 percent required reserve ratio. If this bank received a new ... (Read 32 times)

elizabeth18

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on: Jun 30, 2018
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


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juliaf

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

b

Answer to Question 2

b


elizabeth18

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

xiazhe

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

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