The precise increase in the money supply that is potentially generated by a change in demand deposits is determined by the
a. bank's excess reserves
b. actual money multiplier
c. legal reserve requirement
d. FDIC
e. ratio of good to bad loans made by the banking system
C
You might also like to view...
If C = $250, I = $50, G = $60, NX = -$20, and NFP = $5, how much is GNP?
A) $365 B) $335 C) $340 D) $345
If a firm's MRP of capital = MFC, the firm
a. is at its profit-maximizing use of loanable funds b. should decrease its quantity demanded of loanable funds c. should increase its quantity demanded of loanable funds d. should hire more labor e. should raise the interest rate
In the U.S., the National Labor Relations Board is the government agency that enforces workers' right to unionize
a. True b. False Indicate whether the statement is true or false
Suppose that some country had an adult population of about 25 million, a labor-force participation rate of 60 percent, and an unemployment rate of 6 percent. How many people were employed?
a. 0.9 million b. 14.1 million c. 15 million d. 23.5 million