Suppose a bank has $100 million in checking account deposits with no excess reserves and the required reserve ratio is 10 percent. If the Federal Reserve reduces the required reserve ratio to 8 percent, then the bank can make a maximum loan of
A) $0. B) $2 million. C) $8 million. D) $10 million.
B
Economics
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Funds must be deposited to a margin account by:
A. the exchange broker. B. the futures contract seller. C. the futures contract buyer. D. the futures contract buyer and seller.
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Potential GDP measures the capacity of the economy in terms of the actual goods and services to be produced
Indicate whether the statement is true or false
Economics