The table shows the balance sheet for Ralph's Bank. If the desired reserve ratio is 15 percent, the maximum additional amount that Ralph's Bank can loan is equal to ________
A) $50
B) $500
C) $450
D) $2,500
A
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An increase in the demand for our exports
a. increases aggregate demand and income by the amount of the investment multiplier. b. increases imports as well, having no impact on aggregate demand. c. increases aggregate demand and income by less than the amount of the investment multiplier. d. does not impact aggregate demand because this is consumption by foreign countries.
Charlston, a newly industrialized country, has a female population of 2.8 million. There are 1.08 million employed males in the country, while the number of dependent males is equal to 1.52 million. The GDP of Charlston is U.S. $298 billion. The output per capita of Charlston is approximately equal to _____
a. $275,925 b. $55,185 c. $196,035 d. $275,955 e. $79,810
Which of the following would likely cause aggregate demand to shift to the right?
A. Increased income taxes B. Increased firm confidence C. Decreased government spending D. Increase in the aggregate price level.
For a given increase in price, a greater elasticity of demand will result in a greater a. increase in quantity demanded. b. increase in demand
c. decrease in quantity demanded. d. decrease in demand.