Author Question: The business cycle refers to A) fluctuations in the level of real GDP around potential GDP. B) ... (Read 88 times)

abern

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The business cycle refers to
 
  A) fluctuations in the level of real GDP around potential GDP.
  B) changes in the level of nominal GDP.
  C) changes in the level of the stock market.
  D) changes in the level of employment.

Question 2

Depository institutions do all of the following EXCEPT
 
  A) set the required reserve ratio.
  B) create liquidity.
  C) pool risks.
  D) minimize the cost of obtaining funds.



Galvarado142

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Answer to Question 1

A

Answer to Question 2

A



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