Switch grass was promised to be the new crop that would, Ask an Expert

Economics

Q1. Switch grass was promised to be the new crop that would replace corn as the primary feedstock for bio-fuels a couple of years ago. Why have we still not switched to switch grass?

Q2. Given the following information about AAA bank:

Bank Deposits $100,000
Loans $50,000
Required Reserves $20,000
Excess Reserves $30,000

Illustrate what is the reserve ratio set by the Federal Reserve Bank?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9162666

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