A bank's reserves include
What will be an ideal response?
the cash in its vault plus its deposits held at a Federal Reserve bank
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The figure above shows the market for annual influenza immunizations the United States. Area A + Area B is the
A) deadweight loss when there is not the illustrated subsidy. B) loss in efficiency from the illustrated subsidy. C) gain in efficiency from the illustrated subsidy. D) remaining deadweight loss when there is the illustrated subsidy. E) equilibrium with the illustrated subsidy.
Describe and explain the relationship between expected inflation rates in two countries and their interest rate differential according to the PPP theory
What will be an ideal response?
Assume a closed economy. If consumption spending is $6.2 trillion, investment spending is $2.5 trillion, net taxes are $1.5 trillion and total income is $11 trillion, how much must government purchases be?
a. $2.3 trillion b. $0.8 trillion c. $3.3 trillion d. $7 trillion e. cannot be determined without more information
The era of deregulation, when the role of the government in the economy steadily decreased, began
A. in the mid-1970s. B. shortly after WWII. C. with the presidency of Dwight Eisenhower. D. with the presidency of Ronald Reagan.