Assuming all else equal, if a bank expects a bank run in the future:

A) there will be an upward movement along its demand curve for reserves.
B) its demand curve for reserves will shift to the left.
C) there will be a downward movement along its demand curve for reserves.
D) its demand curve for reserves will shift to the right.


D

Economics

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Answer the following statement true (T) or false (F)

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Local government expenditures depend on which taxes?

A. Social Security taxes B. revenues from licenses and permits C. capital gains taxes D. local property, sales, and excise taxes

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The demand for a monopoly's output is p = 200 - Q. The monopoly's production function is Q = 2L, and the market wage is $4. How many units of labor will the monopolist employ at its profit maximization level of output?

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Economics