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Author Question: Zero pollution represents an efficiency standard. a. True b. False Indicate whether the statement ... (Read 55 times)

hubes95

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on: Jun 30, 2018
Zero pollution represents an efficiency standard.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Suppose the reserve requirement ratio is 20 percent. Assuming no bank holds excess reserves and nobody withdraws cash, a 10,000 injection of new reserves by the Fed can create:
 a. 2,000 in new checkable deposits.
 b. 10,000 in new checkable deposits.
  c. 50,000 in new checkable deposits.
  d. 500,000 in new checkable deposits.
  e. 5,000 in cash.


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Jevvish

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

False

Answer to Question 2

c


hubes95

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

scottmt

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Reply 3 on: Yesterday
Wow, this really help

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