A bank has $50,000 in excess reserves and the required reserve ratio is 10 percent. This means the bank could have in checkable deposit liabilities and in (total) reserves

A) $500,000; $90,000
B) $100,000; $20,000
C) $50,000; $25,000
D) $250,000; $75,000

Economics

The excise tax on gasoline is based on the ability-to-pay principle of taxation

a. True b. False

View

Economics

Fossil fuels are considered:

A. a renewable resource. B. a nonrenewable resource. C. physical capital. D. technology.

View

Economics

A bank has $50,000 in excess reserves and the required reserve ratio is 10 percent. This means the bank could have __________ in checkable deposit liabilities and __________ in (total) reserves