The money supply is the amount of money:
A. that banks keep on hand.
B. that banks keep on hand beyond the reserve requirement.
C. available in the economy.
D. available for banks to lend.
Answer: C
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In which market structure is there clear interdependence between individual firms with regard to prices and sales? a. pure competition
b. monopolistic competition. c. oligopoly. d. monopoly.
Why do airlines tend to lower ticket prices in the winter?
A. Supply is relatively variable, and a drop in demand lowers equilibrium price B. Demand is relatively variable, and a drop in supply lowers equilibrium price. C. A drop in both supply and demand lowers equilibrium price. D. Supply is relatively fixed, and a drop in demand lowers equilibrium price. E. Demand is relatively fixed, and a drop in supply lowers equilibrium price.
Dividing the dividend payment by the stock's closing market price determines the
A) dividend yield. B) coupon payment. C) price-earnings ratio. D) selling price of the stock.
The ways in which monetary policy affect output and prices are known as:
A) channels B) stations C) vehicles D) means