Which has grown the fastest since 1955?
A. durable goods consumption
B. nondurable goods consumption
C. consumption of services
C. consumption of services
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If banks hold no excess reserves, checkable deposits total $1.5 billion, currency totals $400 million, and the required reserve ratio is 10%, then the monetary base equals
A) $550 million. B) $1.54 billion. C) $1.9 billion D) $15 billion.
The best threat is on
a. You always have to carry out b. You must always carry out c. You sometimes have to carry out d. You never have to carry out
In the last twenty-five years, the Yen and German mark and now the Euro have
a. fluctuated widely against the dollar b. appreciated against the dollar and then depreciated against the dollar c. exchanged without restrictions d. all of the above e. none of the above
If 1 U.S. dollar exchanges for 7.0 Chinese Yuan, how much would it cost in U.S. dollars and cents to purchase a Chinese toy priced at 140 Yuan?
What will be an ideal response?