If Toby buys two goods and the prices of both goods increase by 50%
A) the budget constraint will be unchanged.
B) the slope of the budget constraint stay the same.
C) the slope of the budget constraint will decrease.
D) the budget constraint will shift outward in a parallel fashion.
B
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The above table gives the initial balance sheet for Mega Bank. Barney comes into the bank and deposits $50 of currency into his checking account. The desired reserve ratio is 3 percent
After Barney's deposit, but before any other actions occur, MegaBank will have excess reserves of A) $15.00. B) $33.00. C) $48.50. D) $50.00.
Incorporated firms first began appearing in the 1850s
Indicate whether the statement is true or false
If the government of a country owes $3,500 billion to the International Monetary Fund and then borrows $300 billion more this year, it implies that the: a. national debt is $300 billion and fiscal deficit is $3.8 trillion. b. national debt is $3,800 billion and fiscal deficit is $300 billion. c. national debt is $4,100 billion
d. fiscal deficit is $3,800 billion. e. national debt and fiscal deficit both equal $3.8 trillion.
Which of the following represents the money multiplier?
A. 1 ÷ (required reserve ratio). B. (Total reserves - required reserves) × multiplier. C. Total reserves - required reserves. D. Required reserve ratio × total deposits.