If a bank does not loan out all of its excess reserves, the amount of money the banking system can create is greater than if all of the excess reserves were loaned out
Indicate whether the statement is true or false
F
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The figure above shows an education market in which the government is providing households with vouchers. In total, how much do the schools receive for a student?
A) $4,000 B) $8,000 C) $12,000 D) $16,000 E) $20,000
The area ________ the market supply curve and ________ the market price is equal to the total amount of producer surplus in a market
A) below; below B) below; above C) above; below D) above; above
Refer to Figure 9-3. If there was no quota, how many pounds of peanuts would domestic consumers purchase?
A) 10 million B) 28 million C) 34 million D) 40 million
Elimination of the corporate income tax would ________ government saving and probably ________ private business saving
A) increase, increase B) increase, decrease C) decrease, increase D) decrease, decrease