Refer to Figure 13-3. Which of the points in the above graph are possible long-run equilibria?
A) B and D B) A and D C) A and C D) A and B
C
Economics
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Total Reserves minus vault cash equals
A) bank deposits with the Fed. B) excess reserves. C) required reserves. D) currency in circulation.
Economics
Assets minus liabilities equal:
A. current income minus spending on current needs. B. wealth. C. saving. D. investment.
Economics
An increase in the confidence that equipment-buying firms have in their future profitability will
A. increase the demand for borrowable money. B. increase the supply of borrowable money. C. decrease the demand for borrowable money. D. decrease the supply of borrowable money.
Economics
If the interest rate is 5 percent per year and you borrow $100 for two years, at the end of the second year you must pay back
A) $93.73. B) $103.00. C) $106.09. D) $110.25.
Economics