If the amount of high-powered money were 100 and the bank reserve holding ratio was 0.25 then the maximum stock of deposits would be (assuming that all money is deposited in the banking system)
A) 500.
B) 450.
C) 400.
D) 350.
B
Economics
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Loanable funds are the physical equivalent to capital equipment
Indicate whether the statement is true or false
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What will be an ideal response?
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If Teena's consumption function is of the form [C = 200 + 0.75Y], her saving equals zero at an income level of
A. 150. B. 675. C. 800. D. 1,500.
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