What would happen to the availability of credit if banks chose to either increase or decrease the percentage of deposits they hold as reserves?
What will be an ideal response?
If banks chose to increase the percentage of deposits they hold as reserves, they will have less money for making loans, so the availability of credit will decrease. If banks chose to decrease the percentage of deposits they hold as reserves, they will have more money for making loans, so the availability of credit will increase.
Economics
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When a landscaping company decides to use drafting software and computers instead of hiring designers to draw design plans by hand, it is answering the ________ question
A) why B) how C) opportunity cost D) for whom E) what
Economics
If the population increases and input prices increase, the equilibrium price of a product will definitely increase
Indicate whether the statement is true or false
Economics