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
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
citycyborg citycyborg
wrote...
Go to Answer
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 118 times
1 Reply
Replies
Answer verified by a subject expert
mbiij16mbiij16
wrote...
#1
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
This site is awesome
hmonier
wrote...

Yesterday
Thanks
tcat
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1302 People Browsing
 107 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 328
  
 3410
  
 234
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: Who's your favorite biologist?