Exchange rates determined by the forces of demand and supply are called
a. fixed exchange rates.
b. floating exchange rates.
c. equilibrium exchange rates.
d. dirty exchange rates.
b
Economics
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Which of the following would create the most money?
(A) The initial deposit is $3,000 and the required reserve ratio is 10 percent. (B) The initial deposit is $7,500 and the required reserve ratio is 25 percent. (C) The initial deposit is $4,500 and the required reserve ratio is 15 percent. (D) The initial deposit is $6,500 and the required reserve ratio is 20 percent.
Economics
Net profit after taxes per dollar of assets is a basic measure of bank profitability called
A) return on assets. B) return on capital. C) return on equity. D) return on investment.
Economics