The above table gives the initial balance sheet for Mini Bank. If the bank's desired reserve ratio is 10 percent, it will make
A) more loans.
B) fewer loans.
C) no change in its lending.
D) you cannot predict what the bank will do from this balance sheet without more information.
A
Economics
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The rate at which one currency can be traded for another is called the
A) terms of trade. B) exchange rate. C) transfer rate. D) coupon rate.
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In one week Alice can produce 5 pairs of shoes or 4 bookshelves while Roger can produce 10 pairs of shoes or 6 bookshelves. Alice has ________ advantage in producing ________
A) an absolute; shoes B) a comparative; shoes C) an absolute; bookshelves D) a comparative; bookshelves
Economics