Bank One has reserves of $100,000, government securities of $200,000, loans of $700,000, and checkable deposits of $800,000. If the desired reserve ratio is 10 percent, Bank One can make additional loans totaling
A) $0.00.
B) $10,000.
C) $20,000.
D) $80,000.
E) $100,000.
C
Economics
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As the unemployment rate increases,
A) potential GDP decreases. B) real GDP decreases. C) both real GDP and potential GDP decrease. D) potential GDP increases. E) full employment GDP decreases.
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Which is not one of the criteria necessary for a commodity to make a suitable medium of exchange?
A) It should be of standardized quality. B) It should be valuable relative to its weight. C) It should be durable. D) It should have intrinsic value.
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