If people did not deposit their money in banks, banks would
a. not be affected because banks do not rely on deposits to make loans
b. have unused excess reserves that earn them no interest
c. be able to expand the money supply by more than the money multiplier indicates
d. disappear because they would have no deposits and could make no loans
e. not be able to find new borrowers thus restricting their banking activity
D
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Answer the following statement(s) true (T) or false (F)
1. Risk assessment refers to onlythe quantitative evaluation of risk. 2. According to the EPA model of human health risk assessment, the risk assessment phase is comprised of five distinct steps. 3. In the first step of risk assessment, hazard identification, scientific information is used to determine if there is a causal relationship between a pollutant and its harmful effects. 4. All dose-response functions for environmental hazards have known thresholds. 5. Adults experience greater adverse health effects from exposure to lead than do children.
In the recent Global Economic Crisis, the negative wealth effect caused
A) LM curve to shift to the right. B) LM curve to shift to the left. C) IS curve to shift to the left. D) LM curve to shift to the right.
Which of the following events must cause equilibrium quantity to fall?
a. demand increases and supply decreases b. demand and supply both decrease c. demand decreases and supply increases d. demand and supply both increase
An increase in the price of the good measured along the vertical axis will cause the budget line to
A. shift outward. B. shift inward. C. become steeper. D. become flatter.