Suppose Fed's purchase of government bonds results in a $120,000 increase in the excess reserves of a particular bank. What would be the applicable reserve requirement for the whole banking system to be able to expand the money supply by $600,000?
a. 10 percent
b. 12 percent
c. 16 percent
d. 20 percent
e. 25 percent
d
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The ______ is the method by which communication travels from source to sender to receiver
a. Channel b. Interference c. Destination d. N Ach factor
Describe the output and price effects that influence the profit-maximizing decision faced by a firm in an oligopoly market. How does this differ from output and price effects in a monopoly market?
The production possibility curve is bowed outward from the origin because of:
A. the law of increasing opportunity costs. B. the finite nature of the resource base. C. inefficiency. D. unemployment.
A spot exchange involves a market where goods are bought and sold at a:
A. prevailing market price. B. contracted market price. C. post-determined market price. D. predetermined market price.