Answer:
(a) rr: 1/3, cr: 0.5, m:1.8 M: 1800
(b) 1500
(c) 200
Answer:
<u><em>Less likely to expand.</em></u>
Explanation:
When ever interest rates rise in an economy, the soul purpose of that is to control inflation by influencing the people to save more and consume/spend less.
Hence, when the interest rates will rise, Kathleen will be moving away from the expansion process as she will have to borrow the money at more cost than before, hence increasing the risk of return from the expansion process. Hence this will lead to the demand for loan-able funds to slope downwards.
Hope this helps you. Good Luck.
Answer:
$9 billion
Explanation:
Calculation to determine what The commercial banking system has excess reserves of
Using this formula
Excess Reserve= Net Worth Reserves -Required reserve
Let plug in the formula
Excess Reserve=$51 billion - (.30*$140 billion)
Excess Reserve=$51 billion-$42 billion
Excess Reserve=$9 billion
Therefore The commercial banking system has excess reserves of $9 billion
Answer: B. the additional enjoyment of one more speaking engagement (the marginal benefit) is rising.
$2,600 because 6% of 2,000 is 120 and 120 times 5 is 2,600. Hope this helps you (: