If a bank has $32 million in deposits and the required reserve ratio is 4 percent, the bank's required reserves equal $0.8 million.
Answer the following statement true (T) or false (F)
False
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Job search theory regards ________ unemployment as a socially valuable, productive investment undertaken by the job searcher
A) structural B) cyclical C) mismatch D) frictional
Ceteris paribus, a downward shift in the net exports function will cause:
a. equilibrium real GDP to decrease. b. equilibrium real GDP to increase. c. savings to decrease. d. net exports to increase. e. government budget deficit to decline.
In the presence of serial correlation:
A. estimated standard errors remain valid. B. estimated test statistics remain valid. C. estimated OLS values are not BLUE. D. estimated variance does not differ from the case of no serial correlation.
Which of the following would be described as the administrative lag?
A. The time required to get a particular plan implemented with the money put into peoples' hands. B. The time required to agree upon a policy remedy for a recession. C. The time required to get the people to spend the money returned to them through tax cuts. D. The time required to know that there is a recession.