The commercial banking system borrows from the Federal Reserve Banks. As a result, the checkable deposits ________.
A. and reserves of commercial banks are both unchanged
B. of commercial banks are unchanged, but their reserves increase
C. of commercial banks are unchanged, but their reserves decrease
D. and reserves of commercial banks both decrease
Answer: B
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Indicate whether the statement is true or false
If the fixed costs are relatively large, a relatively good approximation to the correct transfer price is
a. average costs b. average fixed costs c. average variable costs d. the market price
A carbon tax on fossil fuels is likely to cause the price of goods produced by firms that use fossil fuels to:
A. decrease. B. not change. C. increase. D. change, but in a way that cannot be determined.
Which type of integration requires adapting domestic policies to coordinate with those of trading partners?
What will be an ideal response?