If the desired reserve ratio is 15 percent, then for every dollar that is deposited in the bank, the bank will
A) keep 15 cents as reserves.
B) keep 85 cents as reserves.
C) keep 85 cents as reserves and loan 85 cents.
D) loan 15 cents.
E) keep 15 cents as reserves and loan 15 cents.
A
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Keynes was especially interested in explaining movements of ________ because he wanted to explain why the Great Depression had occurred and how government policy could be used to increase ________ in a similar economic situation
A) aggregate output; wages B) aggregate output; employment C) wage rates; wages D) wage rates; employment
In 2008, net exports in the U.S. were
a. $1,831 billion. b. -$2,539 billion. c. -$900 billion. d. -$1,500 billion. e. -$708 billion.
Which of the following will cause an increase in the current price of a stock?Ptoday = 
A. A decrease in the risk-free return B. A decrease in the current dividend C. Both an increase in the risk-free return or an increase in the current dividend D. A decrease in the dividend growth rate
The addition of new resources often enables a nation to
a. produce more goods and services b. produce less goods and services c. produce more goods but fewer services d. invade other nations and steal their resources