If Sally Smith creates VCU1 by playing an online game, the effect is to cause the nation's:
a. M2 money supply to remain the same.
b. M2 money supply to rise.
c. M2 money multiplier to rise.
d. Monetary base to fall.
.A
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If the Fed buys $100,000 in U.S. government securities from a commercial bank, the bank now has an additional $100,000 of
A) total assets. B) excess reserves. C) actual reserves. D) net worth.
The industrial revolution began in
A. England. B. The United States. C. Germany. D. Japan.
Neon Bank has $300 million in deposits. The required reserve ratio is 25%. Neon Bank must keep ________ in reserves.
A. $275 million B. $145 million C. $120 million D. $75 million
A graph shows the average SAT scores for males and females in 2012. The kind of graph used to show these data would be a
A) scatter diagram. B) time-series graph. C) cross-section graph. D) time-stationary graph. E) trend figure.