In some nations, the government pays parents to send their children to school. There is ________ that these payments ________ school attendance.
A. no evidence; increase or decrease
B. some evidence; increase
C. no evidence; increase
D. some evidence; actually decrease
Answer: B
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Suppose Bill Gates deposits $20 million into his checking account at Wells Fargo Bank. If the required reserve ratio is 10 percent, what is the maximum change in money supply?
A) -$200 million B) -$180 million C) $2 million D) $180 million E) $200 million
This table shows the different combinations of goods that Jack can consume, given that his income to spend on these two items is $10.
Considering the information in the table shown, the bundle of goods that will derive the highest total utility for Jack is:
A. E.
B. B.
C. C.
D. D.
If a bank had demand deposits of $50 million and it faced a 25 percent required reserve ratio, it would be able to have a maximum amount of how many dollars worth of loans?
a. $50 million b. $37.5 million c. $25 million d. $12.5 million
There are never any adverse consequences of government attempts to modify the laws of supply and demand.
Answer the following statement true (T) or false (F)