If a bank receives a new transaction deposit of $10,000 and the reserve ratio is 15 percent, then the bank could expand its loans by as much as
A) $8,500. B) $1,500. C) $66,700. D) $15,000.
A
You might also like to view...
The percentage change in the demand for one good divided by the percentage change in the price of a related good is the
A) price elasticity of demand. B) price elasticity of supply. C) cross price elasticity of demand. D) income elasticity.
When a single firm can supply a product to an entire market at a lower cost than could two or more firms, the industry is called a
a. resource industry. b. exclusive industry. c. government monopoly. d. natural monopoly.
The government could offer a subsidy to offset a:
A. network externality. B. positive externality. C. negative externality. D. A subsidy could offset any of these.
Refer to the following nonlinear model which relates W to P, Q, and R:W = aPbQcRdThe computer output form the regression analysis is: 
Based on the info above, which of the parameter estimates are statistically significant at the 5% level of significance?
A. All parameter estimates except â and b? are statistically significant. B. â is not statistically significant, but all the rest of the parameter estimates are significant. C. c? is not statistically significant, but all the rest of the parameter estimates are significant. D. All the parameter estimates are statistically significant.