A commercial bank's ability to lend is determined by its
A) required reserves.
B) excess reserves.
C) total reserves.
D) capital.
B
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Which of the following is NOT money?
A) currency B) checking deposits C) checks in the checkbook D) All of the above are money.
Refer to Figure 18.7 below. The intercept point N is actually found by I 1 + I 0 (1 + r). The intercept point M is calculated by I 0 + I 1 /(1 + r). Show that the slope of the budget constraint is indeed 1-r| .
As the capital-labor ratio increases, real GDP per worker ________, and investment per worker ________
A) increases; decreases B) decreases; increases C) increases; increases D) decreases; decreases
Actions against alleged violators of the antitrust statutes may be initiated by the Justice Department, by the Federal Trade Commission, and by private plaintiffs
a. True b. False Indicate whether the statement is true or false