The government's holdings of foreign currency is recorded in the
A) money account.
B) current account.
C) currency account.
D) official settlements account.
E) capital and financial account.
D
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The above table has the balance of the University National Bank. All figures are in millions of dollars. The desired reserve ratio is 20 percent. What would be the total increase in loans at this bank if all excess reserves were loaned out?
A) $528 million B) $352 million C) $232 million D) $0
In profit centers
a. Managers are difficult to evaluate because there is no simple metric of how well they performed b. Managers typically have the necessary information to run their division efficiently c. Managers' decisions rarely affect other divisions d. Managers typically do not have the incentives to run their division efficiently
Suppose the Good Food supermarket increases the price of a pound of bananas from $.75 to $1.25 and finds that the quantity of bananas it sells per month drops from 1,500 to 1,000 . The price elasticity of demand coefficient for bananas in this price range is:
a. 0.80 b. 3.00. c. 2.00 d. 0.50.
First, what can be done to increase central bank credibility? Second, why is central bank credibility important?
What will be an ideal response?