The balance sheet for a commercial bank shows the bank's:
a. required reserves as assets and excess reserves as liabilities.
b. loans as assets and required reserves as liabilities.
c. loans as assets and checkable deposits as liabilities.
d. checkable deposits as assets and loans as liabilities.
e. excess reserves as assets and required reserves as liabilities.
c
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In oligopolistic markets
A) there are many firms. B) there are no barriers to entry. C) there are only a few firms. D) all firms are price takers.
A decrease in consumer confidence would shift the:
A) aggregate demand curve rightward. B) aggregate demand curve leftward. C) aggregate supply curve rightward. D) aggregate supply curve leftward.
What is the marginal revenue of producing the fourth unit?
a. 90 b. 40 c. 20 d. 180
When the money market is drawn with the value of money on the vertical axis, the money demand curve slopes
a. upward, because at higher prices people want to hold more money. b. downward, because at higher prices people want to hold more money. c. downward, because at higher price people want to hold less money. d. upward, because at higher prices people want to hold less money.