The M2 money multiplier is
A) negatively related to high-powered money.
B) positively related to the time deposit ratio.
C) positively related to the required reserve ratio.
D) positively related to the excess reserves ratio.
B
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The value of net exports is:
A. exports imports. B. imports exports. C. exports+ imports. D. (exports +imports) tariffs.
What type of questions can be answered with economic tools without interjecting any value judgment as to whether the particular outcome is desirable or harmful?
A. econometric questions B. labor questions C. normative questions D. public policy questions E. positive questions
Refer to the information provided in Figure 1.4 below to answer the question(s) that follow.
Figure 1.4Refer to Figure 1.4. Which of the Panels shows a curve or line that has a slope that is negative and then positive?
A. A B. B C. C D. D
Price is determined
A. mainly by demand. B. mainly by supply. C. equally by demand and supply. D. by neither supply nor demand.