Determining the bank excess reserves
Suppose that a bank has checkable deposits of $500, loans of $400 and reserves of $100. If the required reserve ratio is 6%, what are this bank's excess reserves?
$70
$60
$90
$30
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competition from discount air carriers such as ryan air and easyjet. Find the price and quantity for the euoropean air route if perfect competition becomes the norm.
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Abigail is a widow who is age 80 and blind. She is claimed as a dependent by her grandson. As to this situation, comment on the following issues. a. Whether Abigail needs to file a Federal income tax return.
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