In the United States, federal efforts to clean up the environment are coordinated by the
a. Environmental Protection Agency
b. Department of the Interior
c. State Department
d. Department of Agriculture
e. Department of Justice
A
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The United States economy has achieved the target rate of unemployment, as set by the Full Employment and Balanced Growth Act (1978), for most years over the last few decades
a. True b. False
What is the equation for GDP?
Securitized loans
What will be an ideal response?
First National Bank (FNB) has a reserve ratio of 20 percent, a required reserve ratio of 10 percent, and deposits of $1,000 . If FNB receives an additional deposit of $100,
a. then it has required reserves of $210 and holds excess reserves of $10. b. then it has required reserves of $10 and holds excess reserves of $20. c. then it has required reserves of $110 and holds excess reserves of $190. d. then it has required reserves of $110 and holds excess reserves of $0.