If people decide to hold more currency relative to deposits, the money supply

a. falls. The larger the reserve ratio is, the more the money supply falls.
b. falls. The larger the reserve ratio is, the less the money supply falls.
c. rises. The larger the reserve ratio is, the more the money supply rises.
d. rises. The larger the reserve ratio is, the less the money supply rises.


b

Economics

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a. legally enforceable direct controls on pollution. b. taxes on goods whose production creates pollution. c. direct taxes on emissions. d. discretionary guidelines suggested to polluting firms.

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Matt's real wage in 2014 is $26.80. If the price level is 104, what is Matt's nominal wage?

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In the Perspective on profit maximization and greed, greed is regarded as

a. inherent in capitalist societies b. an evil that must be addressed by all societies c. an expression of behavior that can be associated with all forms of profit maximization d. an acceptable mode of behavior in a zero-sum world e. having no negative consequences in a zero sum world

Economics