An increase in the currency drain
A) leads to an increase in excess reserves.
B) decreases the size of the money multiplier.
C) results in an increase in deposits.
D) results in an increase in required reserves.
B
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The exclusive rights of ownership of property are generally referred to as
A) level property rights. B) private property rights. C) public property rights. D) common property rights.
Cyclical unemployment refers to unemployment resulting from
a. a mismatch of skills b. being in the wrong location at the wrong time c. the time and monetary cost of finding the best job d. climatic changes in weather affecting employment, such as agriculture and fishing e. periodic declines in business activity.
One of the following individuals tend to benefit from inflation.
A. Retirees B. Government employees C. Seasoned workers D. Homeowners
Regulation of monopolies that allows prices to reflect only the actual cost of production and no monopoly profits is referred to as
A. cost-of-service regulation. B. natural regulation. C. service-opportunity regulation. D. rate-of-return regulation.