The short-run aggregate supply curve (SRAS) is the amount of real ...

[jayhills49]

The short-run aggregate supply curve (SRAS) is the amount of real GDP:
 a. produced at various price levels.
  b. produced at various savings rate levels.
  c. purchased at various price levels.
  d. purchased at various saving rate levels.

Question 2

Which of the following is a valid statement?
 a. Required reserve ratio = required reserves as a percentage to total deposits.
  b. Required reserves = the maximum reserves required by the Fed.
  c. Excess reserves = total reserves plus required reserves.
  d. All of these.

[scrocafella]

Answer to Question 1

a

Answer to Question 2

a

[jayhills49]

Great answer, keep it coming

[jamesnevil303]

Thanks for the timely response, appreciate it