If the reserve ratio is .05, the money multiplier can be as high
A. as 10.
B. as 50.
C. as 5.
D. as 20.
Answer: D
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Two related ways to quantify a person's degree of risk aversion are the certainty equivalent and the risk aversion premium. ?
Answer the following statement true (T) or false (F)
Which of the following is most likely to be a fixed resource for the City Slicker's Dude Ranch?
a. the lodge where the guests stay b. food for the guests c. stable hands to take care of the horses d. hay for the horses e. water for the horses
Which of the following risks cannot be hedged by an insurance?
a. Exports damaged during shipment b. Theft during movement of goods c. An electrical fire at a warehouse d. Decreased sales resulting from poor salesmanship
Currently all checking deposits over 55.2 million in a bank are subject to a legal reserve requirement of ____%.
Fill in the blank(s) with the appropriate word(s).