Required reserves are
A) the portion of demand deposits and NOW accounts banks must hold.
B) zero on demand deposits.
C) zero on NOW accounts.
D) imposed on all deposits at commercial banks.
A
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Rational expectations represents a school of thought which claims that people form expectations solely based on all past information
Indicate whether the statement is true or false
The figure below shows the market for shoes in a small importing country. Dd and Sd are the domestic demand and supply curves of shoes, respectively.
The imposition of a tariff on shoes caused economic well-being in the country to ________ by an amount measured by the area
A. rise; (a + c). B. rise; (b + c+ d). C. fall; c. D. fall; (b + d).
An individual who neither uses nor produces a commodity but sells a futures contract for the asset is:
A. hedging trying to transfer risk. B. speculating that the price of the commodity is going to fall. C. speculating that the price of the commodity is going to increase. D. using arbitrage to earn profits without taking a risk.
Explain the connection between property rights and economic growth
What will be an ideal response?