A single bank with $10,000 of reserves and a reserve ratio of 25 percent could support total transactions account balances of at most

A. $25,000.
B. $5,000.
C. $10,000.
D. $40,000.

Answer: D

Economics

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Which of the following factors is expected to cause the demand curve for coffee to shift to the right?

A) An increase in the supply of coffee due to better weather B) A higher personal tax on the income of all consumers C) A fall in the manufacturing cost of coffee D) A higher tax on the sale of tea, a substitute for coffee

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Which of the following is a certificate of indebtedness?

a. stocks and bonds b. stocks but not bonds c. bonds but not stocks d. neither stocks nor bonds

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