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Suppose you deposit $150 into TD bank, and the reserve ratio is 3%. This means TD bank will keep ______ as their reserves, and will
Suppose you deposit $150 into TD bank, and the reserve ratio is 3%. This means TD bank will keep ______ as their reserves, and will lend out _____. Question 10 Select one: A. $50; $100. B. $5; $145. C. $45; $105. D. $15; $135. E. $4.5; $145.5.Suppose Canada begins with a zero balance on the current account; that is, there is no surplus or deficit. Then, any new flow of Canadian dollars into Canada would be recorded as a _____ entry on the balance of payments, creating a _____ on the current account. Question 11 Select one: A. negative; deficit B. negative; surplus C. positive; surplus D. negative; balanced budget E. positive; deficit
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