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 raises the required reserve ratio to 15 percent, then the bank will now have excess reserves of
a) $0
b) $2 million
c) $8 million
d) $10 million

Which of the following best explains how the invention of money affected the barter system? a. the invention of money supplemented the barter system by providing a nonperishable medium of exchange b. the invention of money completely replaced the barter system with a free-market system c. the invention of money had no effect on the barter system d. the invention of money drastically reduced the value of goods used in the barter system 2b2t

Witch is an example of a non durable good?

Who has summer school : ( because i do : (