A war on drugs is waged, and, as a result, a larger quantity of drugs flowing into the United States is seized and more drug traffickers are arrested. If demand for drugs is relatively elastic, one would expect the total expenditure on drugs to:
a. decrease.
b. increase.
c. stay constant.
d. There is not enough information available to make a determination.
Question 2
On a certain date the banking system had 2 billion in excess reserves. The legally required reserve ratio was 12.5 percent. Potentially, if these funds were fully loaned out, the banking system as a whole could increase the money supply by a maximum of:
a. 0.25 billion.
b. 2.5 billion.
c. 12.5 billion.
d. 16 billion
German and Irish Settlement in the Northeastern United States, 1870
Injectable Drugs Commonly Stocked in the Medical Office
The use of antispasmodics, which block release of Ach or calcium, can result in reduced pain as well ...
Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ...
Leading Sites of New Cases of Cancer in the United States, 2013
Diagram showing the sites of action of different antihypertensive drugs.