Assuming all excess reserves are loaned out, currency holdings by the public are zero, and a reserve ratio of 20 percent, an initial deposit of $6,000 will lead to a total increase in deposits of
A) $12,000. B) $24,000. C) $30,000. D) $36,000.
C
Economics
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In an industry with free entry and exit, positive economic profit:
A. indicates a market failure. B. can be sustained indefinitely. C. cannot be sustained indefinitely. D. can never occur.
Economics
During Global Financial Crises, housing starts in the US fell by
A) 76%. B) 25%. C) 30%. D) 95%.
Economics
Left to their own, private markets tend to:
a. under-allocate resources to public goods. b. allocate the economically efficient amount of resources to public goods. c. over-allocate resources to public goods. d. produce no public goods.
Economics
What are internal labor markets and what is an important characteristic of these markets?
What will be an ideal response?
Economics