Which of the following is the relationship among excess reserves, required reserves, and total reserves?

a. total reserves = required reserves - excess reserves
b. excess reserves = total reserves/required reserves
c. total reserves = excess reserves + required reserves
d. total reserves = excess reserves - required reserves
e. excess reserves = required reserves - total reserves


C

Economics

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In some countries, medical care is provided free-of-charge to citizens and is paid for by the government. In those countries, medical care:

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Economics

In 2004, retailers and exporters in the United States were happy, as were their customers from abroad, due to:

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Economics

Small differences in economic growth rates can eventually produce large differences in living standards because of compounding.

Answer the following statement true (T) or false (F)

Economics