An increase in currency held outside the banks is ________

A) a currency drain
B) income
C) a currency surplus
D) wealth


A

Economics

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On the graph above, a movement from point ________ to point ________ might represent a positive supply shock

A) F; I B) H; G C) H; F D) F; G E) none of the above

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A modern example of privatizing a common resource is:

A. patents. B. quotas. C. taxes. D. subsidies.

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What happened after the failure of the Bank of the United States in late 1930?

a. The stock market experienced a major crash. b. The FDIC stepped into cover deposits. c. People converted currency into deposits. d. Many banks stopped lending excess reserves.

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A firm's cost of production is affected by changes in

A. the available technology. B. input prices. C. profits. D. both a and b E. both b and c

Economics