A) 0.20.
B) 1.25.
C) 2.50.
D) 5.00.
E) 10.00.
B) 1.25.
C) 2.50.
D) 5.00.
E) 10.00.
When depository institutions have negative excess reserves, it indicates that the banking system is not "loaned up."
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Is it possible to have a GDP deflator of less than 100?
A. Yes, it would indicate a year when prices were lower than in the base year. B. Yes, it would indicate a year when output was lower than in the base year. C. No, that is mathematically impossible for the deflator to be less than 100. D. Yes, it would indicate a year when prices were lower than in the previous year.
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The oligopoly market structure model is characterized by:
a. many firms in an industry producing differentiated products. b. many firms in an industry producing identical products. c. few firms in an industry with natural barriers to entry. d. a single firm in an industry with barriers to entry. e. many firms in an industry with barriers to entry.
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When the MPC = 0.9, the multiplier is
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