Given the following information about Metropolis Bank:
Bank Deposits $50,000
Loans 17,500
Required Reserves 30,000
Excess Reserves 2,500
The required reserve ratio must be
A) 75 percent. B) 60 percent. C) 30 percent. D) 15 percent.
B
Economics
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Refer to the payoff matrix below, which ________ a prisoner's dilemma. If both countries go it alone, Home will choose Policy ________ and Foreign will choose Policy ________
A) is; 1; A B) is; 2; B C) is; 1; B D) is not; 2; B E) is not; 1; A
Economics
What is the relationship between marginal utility and total utility? What happens to total utility as marginal utility declines?
What will be an ideal response?
Economics