If the reserve requirement is 15 percent and a customer makes a new cash deposit of $50,000, how much new excess reserves are created?
a. $7,500
b. $33,000
c. $67,500
d. $42,500
d
Economics
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What agency processes most of the electronic payments?
a. the Treasury b. the Congress c. the FDIC d. the Fed
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If the exchange rate moves from 10 Mexican pesos per U.S. dollar to 12 Mexican pesos per U.S. dollar, then the Mexican peso has ________ and the U.S. dollar has ________.
A. appreciated; appreciated B. depreciated; depreciated C. appreciated; depreciated D. depreciated; appreciated
Economics
Quantity supplied is determined by how much producers are willing and able to produce.
Answer the following statement true (T) or false (F)
Economics
Is it possible to proactively prevent armed conflict in developing countries?
What will be an ideal response?
Economics