Everything else held constant, a decrease in the required reserve ratio on checkable deposits will mean
A) a decrease in the money supply.
B) an increase in the money supply.
C) a decrease in checkable deposits.
D) an increase in discount loans.
B
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In the figure above, a factor that could cause the supply of bonds to shift to the right is
A) a decrease in government budget deficits. B) a decrease in expected inflation. C) a recession. D) a business cycle expansion.
Advertising for Milk and Beef is usually done by
A) interest groups that represent the whole industry. B) a single firm in the market. C) a small set of firms in a market. D) It is not done because it doesn't pay to advertise homogeneous products.
In the United States from 1960 to today, the largest positive contribution to national saving was from:
A. the government budget deficit. B. business saving. C. the public sector. D. household saving.
Refer to the information provided in Figure 23.3 below to answer the question(s) that follow.
Figure 23.3Refer to Figure 23.3. The equation for the aggregate consumption function is
A. C = 60 + 0.7Y. B. C = 140 + 0.5Y. C. C = 60 + 0.4Y. D. C = 80 + 0.6Y.