If the reserve requirement ratio at Forest Hills Bank is 16 percent, what is its money multiplier?
a. 0.84
b. 4
c. 16
d. 6.25
d. 6.25
Economics
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What factors affect the demand for money?
What will be an ideal response?
Economics
In a large open economy, what is the source of the domestic supply of loanable funds?
A. Net capital outflow B. National saving and investment C. National saving D. Investment
Economics
When a company produces 5,000 units, total costs equal $150,000 and total variable costs equal $75,000. At this level of output, what is that company average fixed cost?
A. $225,000 B. $30 C. $75,000 D. $15
Economics
A positive income elasticity value indicates that the good is a normal good.
Answer the following statement true (T) or false (F)
Economics