Suppose a private bank has $24,000,000 in transaction deposits and confronts a Reserve Ratio of 15%. The dollar value of this bank’s Required Reserves is:

Suppose a private bank has $45,000,000 in transactions deposits and confronts a Reserve Ratio of 10%. This private bank currently holds $6,000,000 in Total Reserves. The dollar value of this bank’s Excess Reserves is:

To calculate the dollar value of a private bank’s Required Reserves, you must multiply the Reserve Ratio by the amount of transactions account balances on the bank’s balance sheet.

Suppose a private bank has $10,000,000 in transactions deposits and confronts a Reserve Ratio of 25%. This private bank currently holds $3,200,000 in Total Reserves. The dollar value of this bank’s Excess Reserves is:

Assume the Reserve Ratio is 20%. The maximum increase in the size of the money supply (or total spending power – same thing) in response to a $25 billion increase in Excess Reserves for the US banking system is:

Today is August 1, so Toby writes a check for $1,825 to his landlord to pay this month’s rent. In this situation, money is functioning as a:

If the goal clearly mentions what we want to achieve, it is:

An important characteristic of a goal is that it should be challenging but also …

What percentage of U.S. adults do not engage in recommended amounts of physical activity?

Agility measures how fast someone can run.