Suppose a bank has $3 million in excess reserves and total reserves of $10 million. A required reserve ratio of 10% is applicable to all deposits at the bank. What is the total amount of deposits at the bank?
a. $70 million
b. $40 million
c. $10 million
d. $30 million
e. $100 million
.A
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The attempt to force employers to use more labor than they otherwise would, or to force employers to use labor inefficiently, is known as
A) a secondary boycott. B) a sympathy strike. C) a monopsony. D) featherbedding.
Optimal rollback strategies are most difficult in:
A. zero sum games. B. sequential games. C. simultaneous games. D. repeated games.
A housewife who is returning to the labor force after an absence of 10 years is ________ unemployed until she finds work.
A. frictionally B. structurally C. cyclically D. seasonally
Refer to the information provided in Figure 16.2 below to answer the question(s) that follow.
Figure 16.2Refer to Figure 16.2. The ________ amount of cars is 25.
A. efficient B. subsidized C. break-even D. unregulated