If the reserve ratio is 10 percent, the money multiplier is equal ...

[Sufayan.ah]

If the reserve ratio is 10 percent, the money multiplier is equal to 10.
 
  Indicate whether the statement is true or false

Question 2

Dan missed class the day the professor covered the circular flow model. Dan asked his friend Joan to explain markets to him. Joan correctly stated that a market
 
  A) must have many buyers and only one seller, who is willing to sell to all the buyers.
  B) is only a place to purchase groceries.
  C) requires a physical location for buyers and sellers to get together.
  D) must include a written contract between buyers and sellers.
  E) is any arrangement that brings buyers and sellers together.

[lgoldst9]

Answer to Question 1

TRUE

Answer to Question 2

E

[Sufayan.ah]

Gracias!

[carojassy25]

TYSM