The reciprocal of the reserve requirement is called the:
a. spending multiplier.
b. tax multiplier.
c. lending multiplier.
d. deposit expansion multiplier.
e. excess reserve multiplier.
d
Economics
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Measured as a share of the labor force, union membership was at its highest level in the United States during the
a. 1930s b. 1950s c. 1970s d. 1990s
Economics
Higher education subsidies in the form of the federal government's student loan program
a. induce more people to attend colleges and universities. b. keep interest rates low on student loans. c. cause lenders to take on more risk. d. All of the above are correct.
Economics
Make a case for income inequality.
What will be an ideal response?
Economics
Refer to Exhibit 2-1. If the economy is at point C, it follows that
Economics