The full-employment level of real GDP is the level which can be ...

[laurencescou]

The full-employment level of real GDP is the level which can be produced with:
 a. given technology and productive resources.
 b. frictional and structural unemployment equal to zero.
  c. cyclical unemployment equal to zero.
 d. both a and b.
 e. both a and c.

Question 2

Best National Bank is subject to a 20 percent required reserve ratio. If this bank received a new checkable deposit of 1,000 . it could make new loans of:
 a. 500 b. 800.
  c. 1,000 d. 5,000.

[bblaney]

Answer to Question 1

e

Answer to Question 2

b

[laurencescou]

Thanks for the timely response, appreciate it

[EAN94]

Excellent