A New Bank Has Reserves of $600,000,checkable Deposits of $500,000,and

question 91

Multiple Choice

A new bank has reserves of $600,000,checkable deposits of $500,000,and government securities of $100,000.If the desired reserve ratio is 10 percent,the amount of loans this bank can make is

• A)$50,000.
• B)$60,000.
• C)$540,000.
• D)$550,000.
• E)$600,000.

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Definitions:

Secondary Ideologies

Refers to subsets of core beliefs and values specialized within a broader ideology, often dealing with specific issues or contexts.

Primary Ideology

The fundamental set of beliefs and values that underpin and shape the culture and social structure of a society or group.

Material Contradictions

This term highlights the conflicting interests or characteristics inherent within the physical or economic aspects of society, leading to tensions or changes.

Historical Materialism

A Marxist framework that examines social and economic development through the lens of material conditions and class struggle, positing that economic base shapes societal superstructure.