Reserves that the Fed injects into the banking system are ultimately
a. converted into loans that banks make to other banks
b. distributed among different banks in the system as required reserves
c. end up in just two or three banks
d. ineffective at increasing money supply
e. important to banks that want more customers
B
You might also like to view...
Who among the following individuals is not an underemployed or a discouraged worker?
a. A person employed part-time but willing to work full-time b. A homeless person who has not found work for a year and has given up looking for jobs c. A nuclear physicist unable to work because of illness d. A gourmet French chef working part-time at Burger King e. A 60-year-old professor who has stopped looking for a teaching job because schools consider him too old
If capital deepening increases from $100 to $150 and this increase results in worker's productivity increasing from $60 to $70, and if there were 100 workers, then GDP would increase by
a. $10,500 b. $6,000 c. $1,500 d. $7,000 e. $1,000
What is the present value of $10,000 8 years from now if the interest rate is 8%?
What will be an ideal response?
If the percentage change in the quantity demanded of a good is greater than the percentage change in price, price elasticity of demand is:
A. elastic. B. inelastic. C. perfectly inelastic. D. perfectly elastic.