The higher the required reserve ratio, _____.
a. the larger the money multiplier
b. the smaller the money multiplier
c. the more the excess reserves after each round of the money-creation process
d. the more the money that can be lent in each round of the money-creation process
e. the lower the demand for cash by the non-banking public
Question 2
In the income-expenditure model, if autonomous investment decreases by 10 billion, _____.
a. the aggregate expenditure line shifts upward by 10 billion
b. planned saving increases by 10 billion
c. the aggregate expenditure line shifts downward by 10 billion
d. planned saving decreases by 10 billion
e. the equilibrium level of real GDP demanded increases by 10 billion
Tropical grassland of the Masai Mara Game Reserve in Kenya
Cheetah at the Maasai Mara National Reserve
Galaxies Forming by Combining Smaller Units
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher.
A(n) _____ is a spur-of-the-moment question. Fill in the blank(s) with correct word