Suppose you found 5,000 hidden in your closet and deposited it in a demand deposit account at your bank. If the reserve requirement was 10 percent, the deposit would directly create ____ in excess reserves and ultimately lead to a ____ total increase in the money supply, if all banks in the system lend out 100 percent of their excess reserves.
a. 500; 5,000
b. 4,500; 5,000
c. 4,500; 45,000
d. 4,500; 50,000
Question 2
Which of the following schools of thought stressed on a fixed-price model for macroeconomic equilibrium?
a. Traditional Keynesians
b. New Keynesians
c. Monetarists
d. Classical economists
e. New classical economists
The composition of DNA sequences that are found in the nuclear genome of humans
A giant squid found at Ranheim in Trondheim 2 October 1954
The calcaneus spur found on the male's hind limb is used to deliver venom.
A jawbone found in the mainland Jenolan Caves
The growth in demand for energy use is met by burning fossil fuels
The demand for cheap coal to generate electrical power is rising