The Laffer Curve is a central concept in:
A. monetarism.
B. Keynesianism.
C. welfare economics.
D. supply-side economics.
D. supply-side economics.
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What does the supply curve tell us about the producer's minimum supply price?
What will be an ideal response?
In what year did the United States go off the gold standard?
A) 1933 B) 1945 C) 1981 D) 2001
Neutral policy with respect to choice architecture is:
A. not a clear concept across different choice scenarios. B. well established in all choice scenarios. C. the goal of all choice architects. D. generally regulated by state and federal government.
Total banking system reserves equal $58.65 billion. The total banking system checkable deposits subject to reserve requirements are $510 billion. The required reserves are $51 billion. What is the required reserve rate, and what is the excess reserve rate?
What will be an ideal response?