The total amount of required reserves in the banking system is equal to the ________ the required reserve ratio and checkable deposits
A) sum of
B) difference between
C) product of
D) ratio between
C
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Between 1980 and 1990, the national debt
a. decreased from approximately $300 billion to $100 billion b. decreased from approximately $3 trillion to $1 trillion c. as a percent of GDP, decreased d. remained relatively unchanged as a percentage of GDP e. increased from approximately $1 trillion to over $3 trillion
Recycling rates for aluminum, paper, and glass have been increasing in the United States
a. True b. False Indicate whether the statement is true or false
An increase in the market supply of clerks leads to an increase in the market wage rate for clerks.
Answer the following statement true (T) or false (F)
When the unemployment rate is on the horizontal axis and the real wage is on the vertical axis, an increase in productivity will cause which of the following to occur?
A) The wage-setting and price-setting curves will both shift downward. B) The wage-setting and price-setting curves will both shift upward. C) The price-setting curve to shift downward, and no shift in the wage-setting curve. D) The wage-setting curve to shift upward, and the price-setting curve to shift downward. E) The wage-setting curve to shift downward, and the price-setting curve to shift upward.