A bank has $100 million of checkable deposits, $6 million of required reserves, and $2 million of excess reserves. What is the required reserve ratio?

One danger associated with calls for fairness based on reciprocity is that, calls for fair trade may be invoked in cases where, foreign restrictions on U.S. imports do not actually exist

a. True b. False Indicate whether the statement is true or false

How did the advent of the modern corporation reduce the likelihood that a firm's goal is to maximize profit? What has replaced this goal?