Please use the balance sheet for ABC Bank to answer the question below. If the b
ID: 1097856 • Letter: P
Question
Please use the balance sheet for ABC Bank to answer the question below.
If the banking system has a required reserve ratio of 10 percent, then the money multiplier is:
Assets Liabilities
Total Reserves $ 80,000 Transactions Accounts $200,000
Loans 120,000
Table 13.2:ABC Bank Balance Sheet
Answers:
0.1.
0.9.
1.11.
10.0
Please use the balance sheet for ABC Bank to answer the question below.
If the banking system has a required reserve ratio of 10 percent, ABC Bank would have excess reserves of:
Assets Liabilities
Total Reserves $ 80,000 Transactions Accounts $200,000
Loans 120,000
Table 13.2:ABC Bank Balance Sheet
Answers:
$20,000.
$40,000.
$60,000.
$140,000.
Please use the balance sheet for ABC Bank to answer the question below.
If ABC Bank has a required reserve ratio of 15 percent, what amount of excess reserves does the bank have to hold?
Assets Liabilities
Total Reserves $ 80,000 Transactions Accounts $200,000
Loans 120,000
Table 13.2:ABC Bank Balance Sheet
Answers:
$30,000.
$40,000.
$50,000.
$80,000
Please answer the question below pertaining to the unemployment data provided in the chart.
What is the number of unemployed in Year 1?
Year 1 Year 5
Population 200 million 250 million
Labor Force 110 million 145 million
#Employed 106 million 135 million
Answer:
90 million
94 million
106 million
4 million
The graph depicts 4 Lorenz curves (income distribution) for 4 countries. Based on this graph, please answer the following:
Which economy will have a GINI coefficient of zero?
Answers:
A
B
C
D
The graph depicts 4 Lorenz curves (income distribution) for 4 countries. Based on this graph, please answer the following:
For which economy would the lowest 20 percent of families receive the smallest share of total income?
Answers:
A
B
C
D
The above graph depicts 4 Lorenz curves (income distribution) for 4 countries. Based on this graph, please answer the following:
If the income distribution for the United States is represented by curve C, which curve would most likely represent the income distribution for Sweden? Assume Sweden has a smaller GINI coefficient (more equal income distribution) than the United States but that Sweden
Explanation / Answer
1.10.0
2.$60,000.
3.$30,000.
4.94 million
5.C
6.A
7.B
8.6.9 percent
9.7 million
10.7.4 percent
11.3 million
12.4.5%