Author Question: The money expansion process continues until there are no more: a. required reserves in the system. ... (Read 31 times)

khang

  • Hero Member
  • *****
  • Posts: 569
The money expansion process continues until there are no more:
 a. required reserves in the system.
 b. demand deposits in the system.
 c. excess reserves in the system that banks are willing to lend.
  d. liabilities in the system.
 e. assets in the system.

Question 2

Which of the following statements is true?
 a. Emissions-trading is trading that allows firms to buy and sell the right to pollute.
  b. The Coase Theorem is the proposition that private markets can rarely ever achieve social efficiency.
  c. The free-rider problem refers to those who ride on public transit systems without paying.
  d. Government failure has never occurred in the United States.



kkenney

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

c

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

For a complete list of videos, visit our video library