Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
citycyborg citycyborg
wrote...
Posts: 139
Rep: 0 0
A year ago
The following table lists some statistics on Boring Bank.

CategoryAmount (dollars)
Reserves________
Demand deposits200
Long-term debt________
Cash equivalents80
Short-term borrowing95
Long-term investments230

Refer to the table above. If the required reserve ratio changes to 20 percent, and Boring Bank makes only the necessary changes to comply with regulations, how will the bank's total assets and total liabilities change?

▸ Both total assets and total liabilities will decrease by $20.

▸ Total assets will decrease by $20, and total liabilities will remain the same.

▸ Total assets will increase by $20, and total liabilities will decrease by $20.

▸ Both total assets and total liabilities will remain the same.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 119 times
1 Reply
Replies
Answer verified by a subject expert
mbiij16mbiij16
wrote...
Posts: 132
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

citycyborg Author
wrote...

A year ago
Thank you, thank you, thank you!
wrote...

Yesterday
Thanks
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1274 People Browsing
Related Images
  
 74
  
 242
  
 180
Your Opinion
Where do you get your textbooks?
Votes: 372