Given the following information about AAA bank:
Bank Deposits $200,000
Loans 100,000
Required Reserves 40,000
Excess Reserves 60,000
What is the reserve ratio?
A) 50 percent B) 40 percent C) 20 percent D) 10 percent
C
Economics
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The total rate of return on an international asset is the:
a. spot rate plus the forward rate. b. rate of return on the asset plus or minus the expected capital gain or loss on currency changes. c. rate of return on the asset minus commissions. d. rate of return plus inflation minus taxes.
Economics
An increase in consumer confidence would shift the:
A) aggregate demand curve rightward. B) aggregate demand curve leftward. C) aggregate supply curve rightward. D) aggregate supply curve leftward.
Economics