If $1000 was deposited in a bank and the reserve requirement is 0.10, how much is available for loans?
A) $900
B) $910
C) $920
D) $930
A
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What is the price of cars if this were a closed economy? 
A. $14,000/car B. $10,000/car C. $6,000/car D. $8,000/car
In the early 1930s, the currency-deposit ratio rose, as did the level of excess reserves. Money supply analysis predicts that, everything else held constant, the money supply should have
A) risen. B) fallen. C) remain unchanged. D) either risen, fallen, or remain unchanged.
When quantity supplied decreases at every possible price, we know that the supply curve has
a. shifted to the left. b. shifted to the right. c. not shifted; rather, we have moved along the supply curve to a new point on the same curve. d. not shifted; rather, the supply curve has become flatter.
Lazy monopolists are characterized by the tendency to:
A. maximize profits at the cost of losing market share. B. minimize losses so that the dividends of shareholders are maximized. C. pay too much to protect their monopoly positions. D. earn enough profits to keep their shareholders happy without trying too hard to hold costs down.