A reduction in the required reserve ratio has the instant effect of:
a. Increasing the monetary base.
b. Increasing excess reserves.
c. Increasing bank shareholders' equity.
d. Increasing bank reserves.
e. All of the above are correct.
.B
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The sorting and separation of people by various characteristics, including race, ethnicity, religion, and gender is called
A) affirmative action. B) discrimination. C) segregation. D) demographic manipulation.
If a U.S. firm purchases a foreign firm that violated the Foreign Corrupt Practice Act (FCPA), the U.S. firm ________ responsible for the foreign firm's actions under Part ________ of the FCPA.
A) is; III B) is not; II C) is not; III D) is; II
How do preferences and risk contribute to income inequality?
What will be an ideal response?
A cooperative equilibrium results when firms
A) choose the best strategy regardless of what other players do. B) choose the strategy that maximizes the total game payoff. C) choose the strategy that minimizes the payoff to other players. D) choose a strategy by random chance.