If a bank gets a $100,000 new deposit, chooses to lend out $75,000, and increases its excess reserves by $5,000 at the same time, then the reserve requirement is:
a. 30%
b. 25%.
c. 20%.
d. unable to be determined from the information given.
c
You might also like to view...
The tax system is how modern governments shift resources from
a. producing goods to producing services b. government to the private sector c. the private sector to government d. the U.S. Treasury to the Federal Reserve System e. one sector of the economy to another
Retirees are included in the Bureau of Labor Statistics' "not in the labor force" category
a. True b. False Indicate whether the statement is true or false
Singapore recently banned imports of Malaysian water guns, citing safety concerns. This is an example of:
A) administrative policies. B) clinical privileges. C) provider privileges. D) clinical qualifications. E) hospital by-laws.
Other things held constant, after some point hiring additional units of labor will cause the marginal physical product of labor to decline because
A. the wage rate increases when additional workers are hired. B. of the law of diminishing marginal product. C. the firm is a price taker. D. the supply of labor is perfectly elastic.