Refer to the information provided in Table 25.8 below to answer the question(s) that follow.Table 25.8
Refer to Table 25.8. If the required reserve ratio were changed to 10% and Alamo Bank continues to hold $1,200,000 in reserves, its excess reserves will be
A. $150,000.
B. $300,000.
C. $600,000.
D. $900,000.
Answer: C
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If Brazil's gross revenue from coffee exports doubles from one year to the next even though the number of bags of coffee exported declines 50 percent,
A) individual Brazilian coffee producers are price searchers. B) individual Brazilian coffee producers have substantial market power. C) the demand for Brazilian coffee is most likely elastic. D) the demand for Brazilian coffee is most likely inelastic.
Net capital outflow (NCO) is:
A. capital inflow ? capital outflow. B. capital outflow ? capital inflow. C. foreign dollars invested domestically. D. domestic dollars invested internationally.
A decrease in the demand for the output that an input produces will cause the input's: a. supply curve to shift to the right. b. supply curve to shift to the left
c. demand curve to shift to the right. d. demand curve to shift to the left.
The fact that airlines offer off-peak airline discounts rather than peak-time surcharges is an example of:
A. framing effects. B. non-zero sum game. C. the endowment effect. D. irrational behavior.