Refer to the information provided in Table 25.3 below to answer the question(s) that follow.Table 25.3
Refer to Table 25.3. People's Bank excess reserves are
A. $100,000.
B. $200,000.
C. $300,000.
D. $400,000.
Answer: B
You might also like to view...
In the Keynesian model a recessionary gap will develop if there is:
A. stabilization policy. B. an increase in average labor productivity. C. too little spending. D. too much spending.
Price fixing tends to result in ________ prices and ________ society's wealth
A) higher; increases B) higher; reduces C) lower; increases D) lower; reduces
Monetary policy refers to the actions the
A) Federal Reserve takes to manage the money supply and interest rates to pursue its macroeconomic policy objectives. B) Federal Reserve takes to manage government spending and taxes to pursue its economic objectives. C) President and Congress take to manage government spending and taxes to pursue their economic objectives. D) President and Congress take to manage the money supply and interest rates to pursue their economic objectives.
The marginal physical productivity of labor is defined as:
a. a firm's total output divided by total labor input. b. the extra output produced by employing one more unit of labor while allowing other inputs to vary. c. the extra output produced by employing one more unit of labor while holding other inputs constant. d. the extra output produced by employing one more unit of capital while holding labor input constant.