When a bank accepts a checkable deposit from a customer, its deposits will increase and its excess reserves will:
A. Increase by the same amount as deposits
B. Increase by less than the deposits
C. Increase by more than the deposits
D. Decrease
B. Increase by less than the deposits
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The term "economic growth" refers to increases in
A) resources use. B) productive capacity. C) nominal income. D) satisfaction.
The stable to declining quality of the labor force in the United States has been brought about by which of the following:
A. the increasing number of immigrants in the work force B. the decline in the quality of our education system C. the higher level of living D. the exodus of highly educated citizens
Which of the following is most likely to be private property?
A. bees B. farm raised shrimps C. house flies D. winds
Which of the following is NOT classified as an advanced economy?
A) Hong Kong B) South Korea C) Russia D) Australia E) the United Kingdom