If the reserve ratio is designated by "r," how much of a deposit can banks lend out?
A. 1 / r
B. (1 - r)
C. 1 / (1 - r)
D. r / (1 - r)
Answer: B
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Indicate whether the statement is true or false
Suppose that the Bank of Japan buys yen-denominated assets with U.S. dollar assets. Everything else held constant, this transaction will cause ________ in the foreign assets held by the Federal Reserve and ________ in the U.S. monetary base
A) an increase; an increase B) an increase; a decrease C) a decrease; an increase D) a decrease; a decrease
Pollutants are not harmful if they are degradable in water
Indicate whether the statement is true or false
When the U.S. housing market crashed, it caused all of the following except:
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