If the bank rate is 1 percent, what would be the respective deposit rate? ○ a. 0.5 percent cross out ○ b. 1.25 percent cross out ○ c. 0.25 percent cross out ○ d. 1.5 percent cross out e. 0.75 percent cross out

If the bank rate is 1 percent, what would be the respective deposit rate? ○ a. 0.5 percent cross out ○ b. 1.25 percent cross out ○ c. 0.25 percent cross out ○ d. 1.5 percent cross out e. 0.75 percent cross out

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter14: Banking And The Money Supply

Section: Chapter Questions

Problem 2.2P

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Question

If the bank rate is 1 percent, what would be the
respective deposit rate?
a. 0.5 percent
cross out
b. 1.25 percent
cross out
c. 0.25 percent
cross out
d. 1.5 percent
cross out
e. 0.75 percent
cross out
Show Transcribed Text
plz help me with this question, thx.

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