If the required reserve ratio is 5%, what is the value of the simple deposit multiplier?
A) 0.05
B) 0.20
C) 5
D) 20
D
You might also like to view...
Benjamin works as an economist for the federal government. Which of the following questions is he trying to answer as part of his job?
a. How can I communicate more effectively? b. What is the difference between artificial intelligence and emotional intelligence? c. How can government officials get themselves re-elected to office? d. What is the correlation between race and class? e. How do people use limited resources to try to satisfy unlimited wants?
An increase in demand is represented graphically by a rightward shift of the demand curve
Indicate whether the statement is true or false
A form of implicit collusion in which one firm consistently follows the actions of another firm is:
A) predatory pricing. B) a Webb-Pomerene association. C) parallel conduct. D) only illegal in Europe.
Which of the following is considered to be a variable cost of operating an automobile?
a. insurance b. taxes c. car loan payment d. tires e. license and registration fees