Assume that the reserve requirement is 25 percent and that the amount of checkable deposits in Federal Bank is $200 . If the bank has loaned out $120, then the bank's excess reserves must equal:
a. $0.
b. $25.
c. $30.
d. $80.
e. $225.
c
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The price of milk rises, so the supply of ice cream decreases. there is, as a result a 5 percent increase in the price of ice cream and a 3 percent decrease in the quantity of ice cream sold
The revenue received by ice cream suppliers will ________ because the demand for ice cream is ________. A) decrease; price inelastic B) increase; price inelastic C) increase; price elastic D) decrease; price elastic
Refer to the above table. Suppose Airbus is set to produce the aircraft before Boeing. Which company will enter the market?
What will be an ideal response?
Which philosophy, advocated by Alexander Hamilton's "Report on Manufactures" as a means to create strong U.S. development, also successfully worked for Germany and Japan?
a. protectionism b. socialism c. isolationism d. capitalism
What supply and what demand approaches have been used to reduce surpluses of farm commodities?
What will be an ideal response?