Question
DATA: Year 2020 Liquid asset ratio: 45% Deposit Ratio: 84% Year 2019 Liquid asset ratio: 32% Deposit Ratio: 81% QUESTION: Beginning in early 2020, in
DATA:
Year 2020
Liquid asset ratio: 45%
Deposit Ratio: 84%
Year 2019
Liquid asset ratio: 32%
Deposit Ratio: 81%
QUESTION:
Beginning in early 2020, in response to the onset of COVID-19 pandemic, the U.S. government provided cash grants to support businesses and households. Are the behaviors of the liquid assets ratio and deposits ratio that is in the data above consistent with these government interventions? Provide a judgment for each of the ratios and explain why.
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Quantitative Methods for Business
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
13th edition
1285866312, 978-0357685648, 978-1285866314
