A decrease in the reserve requirement ________ bank reserves and ________ the money supply
A) increases; increases B) decreases; decreases
C) increases; decreases D) decreases; increases
A
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To make rational forecasts, your predictions do not have to be correct all of the time.
Answer the following statement true (T) or false (F)
The goods market equilibrium condition in an open economy shows that
A) NX = Sd - Id. B) Sd = NX - Id. C) Sd = Id - NX. D) Sd = Id.
Larry was accepted at three different graduate schools, and must choose one. Elite U costs $50,000 per year and did not offer Larry any financial aid. Larry values attending Elite U at $60,000 per year. State College costs $30,000 per year, and offered Larry an annual $10,000 scholarship. Larry values attending State College at $40,000 per year. NoName U costs $20,000 per year, and offered Larry a full $20,000 annual scholarship. Larry values attending NoName at $15,000 per year. Larry's opportunity cost of attending State College is:
A. $20,000 B. $35,000 C. $15,000 D. $30,000
The 3 effects that help explain why the aggregate demand curve is downward sloping
What will be an ideal response?