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Author Question: Fractional reserve banking occurs when: a. a bank has reserves that exceed its deposits. b. a bank ... (Read 69 times)

rayancarla1

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on: Jun 30, 2018
Fractional reserve banking occurs when:
 a. a bank has reserves that exceed its deposits.
 b. a bank has reserves that are equal to its deposits.
 c. a bank has reserves that are less than its deposits.
 d. some depositors lose their deposits through poor bank management.
  e. some lenders fail to repay their loans.

Question 2

The slope of the per-worker production function diminishes as the amount of capital per-worker increases. This is a reflection of the law of _____.
 a. increasing marginal returns
 b. diminishing marginal returns
 c. constant marginal returns
 d. first diminishing then increasing marginal returns
  e. demand


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cloud

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

c

Answer to Question 2

b


rayancarla1

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Reply #2 on: Jun 30, 2018
Thank you :)


cloud

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Reply #3 on: Jun 30, 2018
Happy to help you


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