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Author Question: If the reserve ratio is 10 percent, the money multiplier is equal to 10. Indicate whether the ... (Read 78 times)

Sufayan.ah

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If the reserve ratio is 10 percent, the money multiplier is equal to 10.
 
  Indicate whether the statement is true or false

Question 2

Dan missed class the day the professor covered the circular flow model. Dan asked his friend Joan to explain markets to him. Joan correctly stated that a market
 
  A) must have many buyers and only one seller, who is willing to sell to all the buyers.
  B) is only a place to purchase groceries.
  C) requires a physical location for buyers and sellers to get together.
  D) must include a written contract between buyers and sellers.
  E) is any arrangement that brings buyers and sellers together.



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lgoldst9

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Answer to Question 1

TRUE

Answer to Question 2

E




Sufayan.ah

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Reply 2 on: Jun 30, 2018
Excellent


elyse44

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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