If your bank faces a 20 percent required reserve ratio and receives a checkable deposit of $4,000 . it can make additional loans worth a maximum of:
a. $800.
b. $3,200.
c. $4,000.
d. $16,000.
e. $20,000.
b
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In the figure above, an increase in z leads to a
A) movement down along one of the lines showing the relationship between x and y. B) rightward shift of the line showing the relationship between x and y. C) trend change in both x and y. D) leftward shift of the line showing the relationship between x and y. E) movement up along one of the lines showing the relationship between x and y.
The above figure shows the demand and cost curves for a monopolistically competitive firm in the long run. The firm maximizes its profit by
A) producing 8 units and charging a price of $5. B) producing 8 units and charging a price of $15. C) producing 16 units and charging a price of $10. D) producing 20 units and charging a price of $25.
A snack shop inside a hotel in a busy city has a monopoly on food sales if it is the only food vendor in the hotel that is open 24 hours a day
Indicate whether the statement is true or false
According to the speculative demand for money, as interest rates fall, the quantity demanded of money will rise
Indicate whether the statement is true or false