Author Question: If total deposits at Last Bank and Trust are 100 million, total loans are 70 million, and excess ... (Read 87 times)

storky111 · **on:** Jun 30, 2018

If total deposits at Last Bank and Trust are 100 million, total loans are 70 million, and excess reserves are 20 million, then which of the following is the required reserve ratio?
a. 70 percent.
b. 30 percent.
c. 20 percent.
d. 10 percent.

Question 2

What is the economic criterion most often used to compare living standards across countries?
a. Real GDP growth.
b. Unemployment rate.
c. Incidence of AIDS.
d. Rate of population growth.
e. Real per capita GDP.