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Author Question: The percentage of checkable deposits that banks and other financial intermediaries are required to ... (Read 21 times)

Bob-Dole

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on: Jun 30, 2018
The percentage of checkable deposits that banks and other financial intermediaries are required to keep in cash reserves is known as:
 a. the fractional reserve requirement.
  b. the excess reserve requirement.
  c. the required reserve ratio.
  d. the discount rate.
  e. M1.

Question 2

In the short run, a price increase in the goods and services market measured by the CPI will:
 a. increase the purchasing power of money.
 b. improve producer profits and, thereby, induce suppliers to expand output.
  c. increase resource prices, lower profits, and lead to a decline in output.
  d. reduce the natural rate of unemployment.


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thall411

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

c

Answer to Question 2

b


Bob-Dole

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Reply 2 on: Jun 30, 2018
Excellent

Joy Chen

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Reply 3 on: Yesterday
:D TYSM

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