03 Jun Question 1.This question has not been answered completely
Question
1.This question has not been answered completely
Which of the following could not shift the AD curve to the right?
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A. businesses buy more buildings to produce in
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B. people buy more ranch-style homes
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C. teenagers buy more Japanese comic books
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D. families buy more medical services
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E. the government hires more soldiers
Point Value: 3.12
2.This question has not been answered completely
For the next five questions, consider Summer Bank, which had no reserves or deposits initially until Bill deposited $1000 of cash into a checking account there. Assume that rr=0.10 as usual. There is nothing else in the money supply other than what is mentioned here.
For all questions, enter only numbers, a decimal point, and/or a negative sign if needed. Round all answers to two decimal points as necessary.
What is Summer Bank’s required reserves after the deposit?
Point Value: 3.12
3.This question has not been answered completely
Continue with the information about Summer Bank after the deposit.
Enter only numbers, a decimal point, and/or a negative sign if needed. Round all answers to two decimal places as necessary.
What is Summer Bank’s excess reserves after the deposit?
Point Value: 3.12
4.This question has not been answered completely
Note the special directions for this question.
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