With a monetary growth rule as proposed by the monetarists, during a recession the rate of growth of the money supply would
A) not change.
B) increase.
C) decrease.
D) decrease or increase depending on economic conditions.
A
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Refer to the table above. What will be the value of the gross domestic product of the country if the country runs a trade surplus of $30,000 next year, everything else remaining unchanged?
A) $378,000 B) $372,000 C) $407,000 D) $524,000
The Doha Round of international trade talks concluded in 2007 with the successful establishment of a general free trade agreement between developing and developed nations
Indicate whether the statement is true or false
Suppose banks hold no excess reserves, households and firms do not change the amount of currency they hold, and the required reserve ratio is 25%
If the Federal Reserve purchases $1 million in treasury securities, what will be the changes in bank reserves and total checking account deposits in the whole banking system?
Suppose the National Bank has total cash reserves of $2,000 and has $5,000 in total deposits. If its total excess reserves are $1,250, then the reserve requirement is equal to:
a. 25 percent. b. 15 percent. c. 10 percent. d. 5 percent. e. 20 percent.