Which of the following would cause the dollar to appreciate?

A) an increase in the demand for dollars
B) a decrease in the demand for dollars
C) an increase in the supply of dollars
D) an increase in the demand for imports from foreign countries


Answer: A

Economics

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What will be an ideal response?

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If the bank of Waterloo receives a $10,000 deposit and the reserve requirement is 10 percent, how much can the bank loan out? (Assume that before the deposit this bank is just meeting its legal reserve requirement.)

A) $1,000 B) $9,000 C) $10,000 D) $11,000

Economics