Reserve Requirements Are the

question 83

Multiple Choice

Reserve requirements are the

• A) minimum percentages of deposits that banks must hold as reserves.
• B) minimum amount of an owner's financial resources that must be placed in a depository institution.
• C) rules covering the types of deposits that banks may offer.
• D) rules covering the types of assets that banks may purchase.

Understand the shape and implications of the production possibilities curve.

Recognize the role and determination of opportunity costs in the framework of international commerce.

Interpret the significance and determinants of terms of trade.

Grasp the relationship between specialization and trade based on comparative advantage.