Banks can make loans up to an amount equal to their
A) total deposits.
B) total reserves.
C) required reserves.
D) excess reserves.
E) total government securities.
D
Economics
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Which of the following lowers the equilibrium price of a canoe?
A) an increase in the supply of canoes B) an increase in the demand for canoes C) an increase in the quantity of canoes supplied D) a decrease in the supply of canoes E) Both answers A and B are correct.
Economics
The future value of a deposit in a savings account will be larger
a. the longer a person waits to withdraw the funds. b. the higher the interest rate is. c. the larger the initial deposit is. d. All of the above are correct.
Economics