Excess reserves are put to use by a bank when it
a. puts cash in the vault to back existing loans.
b. pays off the mortgage on its building.
c. sells government securities.
d. makes loans to its customers.
d
Economics
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Heartland and Soulland) If trade now opens up between the two economies, we can expect that:
A) Heartland will export drill presses to Soulland and import corn from it. B) Heartland will export corn to Soulland and import drill presses from it. C) both countries will export corn and drill presses. D) both countries will import corn and drill presses.
Economics
Globalization decreases the interconnectedness between countries
a. True b. False Indicate whether the statement is true or false
Economics