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 formation of a chimeric gene that is found in people with certain forms of leukemia.
An example of polymorphism: the two colour variations found in the orchid Dactylorhiza sambucina.
Bony processes found on the femur.
On May 15, 1916, after deliberating for one hour, an all-white jury in Waco, Texas, found seventeen-
Ignition timing marks are found on the harmonic balancers that are equipped with distributor ...
Let A ⊆ R and p ∈ A. Suppose A\{p}6= ∅. Prove that p is an isolated point of A if and ...