The ratio of the total amount of demand deposits at a bank to the amount kept as cash reserves is known as the:
A. reserve ratio.
B. demand-reserve ratio.
C. federal funds rate.
D. demand deposit ratio.
Answer: A
You might also like to view...
If the steady-state capital—labor ratio is equal to the Golden Rule capital—labor ratio, then in the steady state
A) output per worker equals investment per worker. B) output per worker equals depreciation per worker. C) investment per worker is as large as possible. D) consumption per worker is as large as possible.
Outsourcing is a logical extension of David Ricardo's 1817 _____________
a. Theory of Pro-Active Stress b. Peter Principle c. Theory of Comparative Advantage d. Theory of Dometic Economics
Which of the following is closest to a perfectly competitive market?
A) the computer software market B) the market for handmade guitars C) the market for broccoli D) the market for athletic shoes
Suppose a vote was taken in a small town of 11 people to determine how much of the budget should go toward education spending. Five individuals want 10 percent, five individuals want 80 percent and one person wants 25 percent. According to the median-voter theorem, the chosen amount to spend on education will be ______ of the budget.
A. 10 % B. 80 % C. 45 % D. 25%