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Question
A bank has $200 of reserves and $4,000 of deposits. It is just meeting its desired reserves and has no excess reserves. Thus the desired reserve ratio isA) 10 percent.
B) 20 percent.
C) 25 percent.
D) 5 percent.
E) $200.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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Scarcity results from the fact that
A) people's wants exceed the resources available to satisfy them.
B) not all goals are desirable.
C) we cannot answer the major economic questions.
D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
Q:
Why does scarcity lead to the what, how, and for whom questions?
Q:
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B) the social interest.
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B) How will health care be produced?
C) For whom will health care be produced?
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The figure above shows the relationship between the journey length and the cost of trip per mile. The curve becomes flatter because as the journey length increases,A) the fall in the cost per mile becomes smaller.B) the fall in the cost per mile becomes greater.C) the cost per mile decreases.D) the cost per mile increases.E) the cost per mile remains unchanged.
Q:
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Q:
Which of the following is a topic studied in macroeconomics?
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Q:
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Q:
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Q:
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