The reserve requirement is 0.10. What is the simple deposit multiplier?
A) 2
B) 20
C) 0.2
D) 10
D
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
External benefits are the extra
A) benefits a consumer gets from consuming a good. B) costs a producer creates in producing a good. C) benefits that accrue to people other than the consumers. D) costs a producer bears for producing a polluting good. E) benefits a producer obtains for reducing production of a polluting good.
An increase in the Japanese interest rate will ________ the demand for dollars and lead the dollar to ________
A) increase; appreciate B) increase; depreciate C) decrease; appreciate D) decrease; depreciate
Using the information in Situation 20-1, the equilibrium level of aggregate output is
A) $900 B) $8,000 C) $9,000 D) $10,000