Suppose you found 1,000 hidden in your mattress and deposited it in a demand deposit account at your bank. If the reserve requirement was 20 percent, the deposit would directly create ____ in excess reserves and ultimately lead to a ____ total increase in the money supply, if all banks in the system lend out 100 percent of their excess reserves.
a. 800; 4,000
b. 800; 5,000
c. 1,000; 4,000
d. 1,000; 5,000
Question 2
The introduction of a new currency is generally sufficient to achieve a permanent reduction in the inflation rate.
a. True
b. False
Indicate whether the statement is true or false
A comparison between chromosomes found in a normal human cell and a cancer cell from the same person
Three Mechanisms of Gene Transfer Found in Bacteria
Wombat scat, found near Cradle Mountain in Tasmania
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Major Types of Hydrogen Bonds Found in Biomolecular Interactions
Biological control agent: a commercially raised parasitoid wasp about to deposit a fertilized egg in