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
Many U.S. regions under threat due to changes in sea level
How much the temperature will rise depends on many factors that affect the level of GHG emission
American Government: Roots and Reform, AP* Edition, 12th Edition
Ice Age Sea Level
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...