History, 02.04.2020 23:26 fonsworth5
Allen deposits $2,000 in his local bank. He earns 2 percent interest each year on his deposit. Jessica borrows $1,000 from the same bank. She is charged a 7 percent interest rate on the borrowed money. How do these bank practices affect the money supply in the community?
In Allen's case, but not Jessica's, the money supply decreases.
In both Allen's and Jessica's cases, the money supply decreases.
In Jessica's case, but not Allen's, the money supply stays the same.
In neither Jessica's nor Allen's case does the money supply increase.
Answers: 2
History, 22.06.2019 06:00
Which of the following was the largest group of people living in the region of transylvania? a. german b.slavic groups c.romanians d.italians
Answers: 1
History, 22.06.2019 06:00
Turkey a: nato b: warsaw pact c: not a member of either alliance
Answers: 3
History, 22.06.2019 08:00
Why did kennedy choose lyndon b. johnson to be his running mate
Answers: 2
History, 22.06.2019 13:30
President lincoln needed a union victory he got it at the battle of fight near the town sharpsburg maryland
Answers: 1
Allen deposits $2,000 in his local bank. He earns 2 percent interest each year on his deposit. Jessi...
History, 17.12.2020 18:10
Mathematics, 17.12.2020 18:10
Biology, 17.12.2020 18:10
Geography, 17.12.2020 18:10
Geography, 17.12.2020 18:10
Mathematics, 17.12.2020 18:10
Mathematics, 17.12.2020 18:10
English, 17.12.2020 18:10
English, 17.12.2020 18:10
Mathematics, 17.12.2020 18:10
Mathematics, 17.12.2020 18:10
Mathematics, 17.12.2020 18:10
English, 17.12.2020 18:10