If the required reserve ratio is 10 percent, the simple deposit multiplier is
A) 5.0.
B) 2.5.
C) 100.0.
D) 10.0
D
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If all information is reflected in current prices, the market is
A) resilient. B) deep. C) primary. D) efficient.
Historical note: Until 1975, the United States' balance of trade was characterized by
a. moderate deficits b. huge deficits c. moderate surpluses d. high volatility, that is, dramatic ups and downs (positives and negatives) e. zero balance or equilibrium
The following accompanying table shows the relationship between the speed of a computer's CPU and its benefits and costs. Assume that all other features of the computer are the same (that is, CPU speed is the only source of variation), and only the CPU speeds listed below are available for purchase. CPU GHzTotal BenefitMarginal BenefitTotal CostMarginal Costs2.0$1,000 $900 2.5$1,400 $1003.0 $300$1,200 3.5$1,900 $1,500 4.0$2,000 $400The marginal cost of upgrading from a 2.5GHz to 3.0GHz computer is:
A. $100. B. $300. C. $200. D. $400.
This is an interest rate that one commercial bank pays to another commercial bank
a. federal funds rate b. prime rate c. discount rate d. US Mint rate