C. None of the individuals who end up working are paid more than if the were paid the equilibrium wage.
Answer:
C) 92 percent of its deposits.
Explanation:
Since, the reserve ratio represents the portion of deposit that a commercial bank must hold onto, rather than lend out or invest.
i.e. if reserve ratio = a%,
Then the percentage of amount that bank can land out = (100-a)%,
Here,
Reserve ratio = 0.08 = 8%,
Thus, the percentage of amount that bank can land out = (100-8)% = 92%.
i.e. bank can land 92 percent of its deposits.
Answer:
Government actions taken to mange a country’s money supply are called ——<u>M</u><u>o</u><u>n</u><u>e</u><u>t</u><u>a</u><u>r</u><u>y</u>——-policy
Answer:
In a information age! Anyone can use a book or a computer to get data, information, business and knowledge which is why this is a information age!