When reserve requirements are increased, the
a. excess reserves of commercial banks will decrease.
b. excess reserves of commercial banks will increase.
c. U.S. Treasury will have to borrow additional funds.
d. money supply will rise.
A
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Consider the following types of demand curves:
a. a vertical demand curve b. a horizontal demand curve c. a linear downward-sloping demand curve Which of the demand curves listed exhibits a price elasticity of demand coefficient that remains constant along the demand curve? A) a only B) b only C) a and b only D) a, b, and c
Besides rewarding discoveries, patents can also prevent them
Indicate whether the statement is true or false
The 1974 federal legislation that exempted employers from certain state laws governing health insurance was
a. COBRA b. ERISA c. CON d. HIPAA e. SCHIP
If the government wished to shift aggregate demand to the right, it might:
A. increase government spending. B. increase income taxes. C. pressure the Fed to decrease the money supply. D. Any of these things might cause aggregate demand to shift to the right.