The change in demand deposits varies directly with
A) the currency ratio.
B) the reserve ratio on demand deposits.
C) the monetary base.
D) the reserve ratio on time deposits.
C
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An example of someone bearing the burden of a negative production externality would be
A) Taylor living downwind from a smelly feedlot where pigs are raised. B) Jess's roommate smokes and she doesn't. C) Lynna's neighbors play loud music late at night. D) All of these are examples of someone bearing the burden of a negative production externality. E) None of these is an example of someone bearing the burden of a negative production externality.
There are circumstances where a prize may induce research effort better than a patent
Indicate whether the statement is true or false
Exhibit 20-1 Money market demand and supply curves
?
Starting from an equilibrium at E1 in Exhibit 20-1, a leftward shift of the money supply curve from MS1 to MS2 would cause an excess:
A. demand for money, leading people to sell bonds. B. demand for money, leading people to buy bonds. C. supply of money, leading people to sell bonds. D. supply of money, leading people to buy bonds.
Why would a farmer continue farming in the short run, even though his ATC was greater than the price he received for his crops?
What will be an ideal response?