Which of the following is correct?
a. A bank's deposits at the Federal Reserve counts as part of the bank's reserves. The Federal Reserve pays interest on these deposits.
b. A bank's deposits at the Federal Reserve counts as part of the bank's reserves. The Federal Reserve does not pay interest on these deposits.
c. A bank's deposits at the Federal Reserve does not count as part of the bank's reserves. The Federal Reserve pays interest on these deposits.
d. A bank's deposits at the Federal Reserve does not count as part of the bank's reserves. The Federal Reserve does not pay interest on these deposits.
a
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Let C = 150 + 0.5y and I = 45. At the equilibrium level of income, y*, the level of saving is
A) 45. B) 75. C) 105. D) 150.
The majority of proven world oil reserves are
A. under Alaska. B. held by non-Persian Gulf OPEC members. C. in the Persian Gulf region. D. in the former Soviet Union.
Define investment? The meaning of investment is different for economists. Explain.
What will be an ideal response?
Which of the following policy tools is the federal reserve the least likely to use in order to actively change the money suppl
A. Discount rate B. Discount loans C. Reserve requirements