Rawls argued in favor of income inequality
a. True
b. False
B
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The Fed's policy tools include all the following except _______
A. required reserve ratio and open market operations B. quantitative easing C. discount rate D. taxing banks' deposits at the Fed
Assume a required reserve ratio of .4. An increase in excess reserves of $60 can potentially lead to a demand deposit expansion of
A) $50. B) $100. C) $125. D) $150.
Locating a point on a utilities possibilities frontier gives you information about
A) both equity and efficiency. B) equity but not efficiency. C) efficiency but not equity. D) profitability but not efficiency.
Refer to the table below. What is the probability of selling 23 or more cakes?
The above table shows the probability distribution of cake sales at Busy Betty's Bakery.
A) 0.60
B) 0.30
C) 0.70
D) 0.40