Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
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 116 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
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

Yesterday
This helped my grade so much Perfect
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1227 People Browsing
 124 Signed Up Today
Related Images
  
 183
  
 276
  
 295
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741