Everything else held constant, an increase in the required reserve ratio on checkable deposits causes the M1 money multiplier to ________ and the money supply to ________
A) decrease; increase
B) increase; increase
C) decrease; decrease
D) increase; decrease
C
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Refer to the scenario above. Which of the following is likely to happen if Rita confesses while Mike does not confess?
A) Both of them will be let free. B) Rita will be let free while Mike will be suspended. C) 10 points will be deducted from their respective scores. D) 10 points will be deducted from Mike's score while Rita will be suspended.
Which of the following exchanges handles numerous technology companies including Intel and Microsoft?
A. NASDAQ B. NYSE C. AMEX D. None of the above handle technology stocks.
The biggest single transfer program at the federal level is Social Security.
Answer the following statement true (T) or false (F)
Adam Smith believed that the best way to promote the public interest was to
A. have the government produce most goods and services. B. let people pursue their own selfish interests. C. wait for individuals to set out to promote the public interest. D. get rid of the price mechanism.