Which of the following is true?
a. Actual reserves equal required reserves minus excess reserves.
b. The predominant liability of virtually all banks is loans.
c. The lower the required reserve ratio, the larger the money multiplier.
d. If some banks choose not to lend all of their excess reserves, the total amount of money created by an initial cash deposit will be larger.
Question 2
The monetarist assumption that monetary policy cannot change long-run equilibrium income is based on the idea that:
a. the long-run aggregate supply curve is horizontal.
b. the long-run Phillips curve is vertical.
c. the price level in the long run is fixed.
d. the aggregate demand curve cannot shift.
e. the long-run Phillips curve is upward-sloping.
Patients of all socioeconomic backgrounds should be given equal care.
The oceans have absorbed 90% of excess energy
The oceans continue to absorb most of the excess energy trapped by greenhouse gases
Kepler’s Law of Equal Areas
Anterosuperior view of true pelvis (blue)