Demand deposits $200 million Time deposits: Original maturity (less than 18 months): $100 million Original maturity (18 months or more): $400 million Use the information above to find the bank's required reserves.
What will be an ideal response?
You might also like to view...
The price of silver increases from $10 per ounce to $15 per ounce while the price of gold increases from $300 per ounce to $310. In this situation, the price of silver relative to the price of gold has
a. fallen. b. risen. c. remained the same. d. cannot be determined given the information provided.
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Under perfect competition, the demand curve facing a firm and the firm's marginal revenue curve are
a. vertical at the firm's chosen output level b. both vertical, but the demand curve is further to the right than the marginal revenue curve c. both vertical, but the marginal revenue curve is further to the right than the demand curve d. both horizontal at the level of the market price e. both horizontal, but the demand curve is above the marginal revenue curve
If a demand curve is perfectly inelastic then:
(a) The elasticity coefficient is equal to infinity; (b) The demand curve for the good is vertical; (c) The elasticity coefficient is equal to zero; (d) Both (b) and (c) above are correct.