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Exercise and reference answers

Questions
  1. Answer
    700
    Question
    Year BC when cowries served as money in China
  2. Answer
    1957
    Question
    Latest year printed on silver certificate dollars
  3. Answer
    10
    Question
    Per cent of deposits Singleton Bank must hold in reserve
  4. Answer
    1
    Question
    Net worth in millions of dollars of the Safe and Secure Bank
  5. Answer
    318
    Question
    US banks that failed from 2008 to 2011
  6. Answer
    69
    Question
    Per cent of banking assets held by the 12 largest banks
Instructions
Type the number only.

Explanation

_Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 13, Money and Banking (CC BY 4.0)._
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