Excess reserves equal total reserves plus required reserves
Indicate whether the statement is true or false
false
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The benefit of an activity is
A) the gain or pleasure that it brings. B) not measurable on the margin. C) purely objective and measured in dollars. D) the value of its opportunity cost. E) measured by what must be given up to get one more unit of the activity.
A mathematical formula for the deficit would be
A. C + I + G ? transfers + taxes. B. C + I + G + transfers – taxes. C. I + G + transfers – taxes. D. G + transfers – taxes.
Given the economy's existing resources and technology, the only way to enjoy more consumer goods today is to
a. devote more resources to investment goods today. b. accumulate more capital today. c. have a slower economic growth rate in the future. d. devote more resources to consumer goods in the future.
If a bank has $100 million in assets and a net worth of $10 million, its debt-to-equity ratio is:
A. 10 to 1. B. 0.1 to 1. C. 9 to 1. D. 5 to 1.