Currently the requirement of holding a non-interest-bearing reserve account at the Fed must be met by:
A. all banks, member or not.
B. member banks and nonmember banks over $100 million in assets.
C. only nationally chartered banks.
D. only member banks.
Answer: A
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If the crowding-out effect is strong, how will the potency of discretionary fiscal policy be affected?
a. It will make fiscal policy more potent. b. It will make fiscal policy less potent. c. The potency of fiscal policy will be unaffected. d. The potency of contractionary will be reduced.
On a graph, the area below a demand curve and above the price measures
a. producer surplus. b. consumer surplus. c. deadweight loss. d. willingness to pay.
What is the euro? What was the goal in creating the euro?
What will be an ideal response?
The ultimate distribution of a tax burden is called tax incidence.
Answer the following statement true (T) or false (F)