Author Question: Zero pollution represents an efficiency standard. a. True b. False Indicate whether the statement ... (Read 53 times)

hubes95 · **on:** Jun 30, 2018

Zero pollution represents an efficiency standard.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Suppose the reserve requirement ratio is 20 percent. Assuming no bank holds excess reserves and nobody withdraws cash, a 10,000 injection of new reserves by the Fed can create:
a. 2,000 in new checkable deposits.
b. 10,000 in new checkable deposits.
c. 50,000 in new checkable deposits.
d. 500,000 in new checkable deposits.
e. 5,000 in cash.