Most changes in the money supply are the consequence of a change in the required reserve ratio
a. True
b. False
B
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In markets-oriented systems an under-performing "entrenched" management is often replaced by
A) SEC regulators. B) a hostile takeover. C) stockholders electing a new board of directors to fire the managers. D) the bank that owns the firm firing them.
Which of the following is not a consideration when attempting to eliminate a free rider problem or tragedy of the commons problem?
A. The social costs must be realized by the individual. B. Something must be done to alter individuals' trade-offs. C. Market participants must internalize the value of the externality. D. Firms must be forced to provide the good or service at a price that is below profit maximizing price.
If C = $4,000 + 0.8(Y) and the expected equilibrium level of national income is $40,000 . then the intended investment will be
a. 1,000 b. 36,000 c. –1,000 d. 44,000 e. not enough information provided
Of the following high-income countries, which has the lowest infant mortality rate?
A) Canada B) Japan C) the United Kingdom D) the United States