Demand deposits $300 million Time deposits: Original maturity (less than 18 months): $200 million Original maturity (over 18 months): $400 million Use the information above to find the bank's required reserves.
What will be an ideal response?
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When the demand curve shifts rightward and the market moves to a new equilibrium, then the
A) quantity supplied increases. B) supply decreases. C) quantity supplied decreases. D) supply increases. E) price falls to restore the equilibrium.
If 100 lumberjacks generate $5,000 in real GDP, the output per laborer would be
a. 0.02 b. 0.05 c. 50 d. 100 e. 5,000
Which part of the United States has the largest union membership measured as the percentage of civilian employees in unions?
A. south-western states B. western states that do not border the Pacific Ocean C. south-eastern states D. mid-western states
Economists use the term shocks to mean
A. sudden rises in oil prices. B. unexpected government actions that affect the economy. C. typically unpredictable forces that have major impacts on the economy. D. the business cycle.