Inflation is a tax because as the government ________ the quantity of money, the price level ________, and the purchasing power of households' money ________.
A) does not change; rises; increases
B) increases; rises; increases
C) decreases; falls; decreases
D) increases; rises; decreases
E) decreases; rises; decreases
Question 2
The FUN Bank has no excess reserves when a new deposit of 20,000 is made. The desired reserve ratio is 5 percent. After the deposit, but before making any loans, how much does The FUN Bank have in excess reserves?
A) 19,000 B) 20,000 C) 1,000 D) 9,000 E) 21,000
Does this child have legs of different lengths or scoliosis? Look at the level of the iliac crests a
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