The amount of money that can potentially be generated from each dollar of reserves is measured by the ______.
a. money multiplier
b. discount rate
c. interest rate
d. required reserve ratio
a. money multiplier
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Consider the labor market below. Suppose the government passes a minimum wage requiring employers to pay at least $8.00 per hour. 
After the imposition of the minimum wage, employment will equal ________ person-hours per day.
A. 4,000 B. 8,000 C. 6,000 D. 2,000
The quote, "If I have seen farther than others, it is because I have stood on the shoulders of giants" is attributed to ________
A) Albert Einstein B) Paul Romer C) Friedrich Nietszche D) Sir Isaac Newton
Which of the following would not cause the demand curve for peaches to shift?
a. an increase in the price of apricots b. a decrease in the price of nectarines c. an increase in the price of peaches d. a change in preferences for peaches e. a decrease in the income of peach buyers
Expansionary fiscal policy in an open economy has a
a. greater effect than in a closed economy. b. similar effect in a closed economy. c. smaller effect than in a closed economy. d. greater effect than monetary policy.