Prior to 2008, the bank's cost of holding reserves equaled
A) the interest paid on deposits times the amount of reserves.
B) the interest paid on deposits times the amount of deposits.
C) the interest earned on loans times the amount of loans.
D) the interest earned on loans times the amount on reserves.
D
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If the market price is at equilibrium, the producer surplus is minimized
Indicate whether the statement is true or false
Which of the following countries will most likely see a future increase in economic growth?
a. one where transportation, sewage and communication systems are strong b. one with high import tariffs placed on foreign-made goods. This will keep out foreign competition c. one where the average mother has 7 children d. one where it is difficult to start a new business. there are many licenses to obtain and fees to pay
Refer to the information provided in Figure 8.4 below to answer the question(s) that follow. 
Figure 8.4 Refer to Figure 8.4. If twelve microwave ovens are produced, Micro Oven's average total costs are
A. $25. B. $41.67. C. $50. D. $66.67.
According to the misperceptions theory, short-lived shocks may have long-term effects on the economy because of
A. accelerator effects. B. propagation mechanisms. C. multiplier effects. D. automatic stabilizers.