The excess reserves ratio is ________ related to expected deposit outflows, and is ________ related to the market interest rate
A) negatively; negatively
B) negatively; positively
C) positively; negatively
D) positively; positively
C
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Which of the following models advocate that the quantity of money should be increased at a constant rate?
A) the real business cycle model B) the new classical model C) the new Keynesian model D) the monetarist model
When the slope of the total production curve begins to flatten:
A. the marginal product must be decreasing. B. diminishing marginal product must be occurring. C. additional inputs adds less to total production than the inputs added before. D. All of these are true.
The production possibilities frontier represents the boundary between attainable and unattainable prices of commodities
a. True b. False
A municipal bond is
a. issued by the federal government.
b. issued by state and local governments.
c. issued by corporations.
d. issued by households.