Author Question: Reducing pollution to zero emissions would be socially efficient. a. True b. False Indicate ... (Read 44 times)

Chloeellawright · **on:** Jun 30, 2018

Reducing pollution to zero emissions would be socially efficient.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Suppose the required reserve ratio is 0.2 and the Fed buys 100,000 in government securities from Big Bank. The commercial banking system creates _____ as a result of this initial injection by the Fed.
a. 1,000,000
b. 500,000
c. 100,000
d. 80,000
e. 200,000