A change in flour prices shifts the supply curve for bread
Indicate whether the statement is true or false
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If you deposit $8,000 in a bank, calculate how much the bank must keep as required reserves and how much it can loan out if the required reserve ratio was 5 percent. If it was 8 percent? 13 percent? 26 percent?
Which of the following would be most likely to cause the price/earnings ratio of stocks to rise?
a. the expectation of a recession in the near future b. the expectation of inflation in the near future c. higher interest rates d. lower interest rates
Largescale immigration into the New World, between 1870 and 1913 caused the real wages to:
a. decrease in comparison with Europe. b. increase at a slower pace in comparison with Europe. c. increase at a higher pace in comparison with Europe. d. stay constant.
Many economist believe that misguided macroeconomic policies did more to create the Debt Crisis of the 1980s than ISI
Indicate whether the statement is true or false