The table below shows data (in millions) for Sun Trust Banks in September 2007 and September 2008
2007 2008
Loans $83 $78
Reserves $4 $5
Deposits $114 $95
The data show that Sun Trust
A) increased its reserve ratio to 5.3 percent over the 12 months.
B) increased its reserve ratio to 6.4 percent over the 12 months.
C) has fewer excess reserves in 2008.
D) faced a higher currency drain ratio in 2008.
A
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The k-percent rule, an example of a money targeting rule, relies on a relatively stable
A) supply of money. B) real interest rate. C) demand for money. D) federal funds rate. E) nominal GDP.
In the aggregate demand-aggregate supply framework, how does an increase in the price level affect potential GDP?
What will be an ideal response?
From 1980 to 1992 net national saving in the United States averaged approximately ________ percent of national income
A) 32 B) 18 C) 12 D) 4.7 E) 2.2
The economy is at full employment when the actual rate of unemployment equals the
a. labor force minus the number of discouraged workers b. rate of frictionally unemployed plus the rate of structurally unemployed workers c. rate of cyclically unemployed plus the rate of structurally unemployed workers d. natural rate of unemployment minus the rate of cyclically unemployed workers e. rate of discouraged workers plus the rate of underemployed workers