A bank has no excess reserves and demand deposit liabilities of $100,000 when the required reserve ratio is 20 percent. If the reserve ratio is raised to 25 percent, the bank's excess reserves will now be
A) -$5,000.
B) -$1,000.
C) $1,000.
D) $5,000.
A
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During most of the United States' involvement in World War II we temporarily operated at point
A. F.
B. G.
C. H.
D. I.
In the Keynesian model, the larger the marginal propensity to consume, the:
a. larger the multiplier. b. larger the marginal propensity to save. c. higher the income level of the economy. d. smaller the change in income derived from a given change in government spending.
Proponents of the view that the higher rate of productivity growth since 1996 is part of a long-run trend argue it is
a result of a. employers forcing more output from workers, who have become victims of new technologies. b. the shrinkage of the labor force, so that output per worker is rising. c. the rise of employment in the highly productive manufacturing sector. d. a continuing increase in the use of computers and other kinds of information technology.
Which of the following is a significant difference in the outcomes between the dictator game and the ultimatum game?
A. There is little difference, as fairness considerations lead to similar splits of the money in both games. B. The dictator game tends to result in a more even split of the money. C. The ultimatum game tends to result in a more even split of the money. D. Self-interest is revealed more strongly in the ultimatum game than in the dictator game.