Author Question: Economic growth is measured by the percentage change in: a. potential nominal GDP. b. structural ... (Read 107 times)

mckennatimberlake · **on:** Jun 30, 2018

Economic growth is measured by the percentage change in:
a. potential nominal GDP.
b. structural unemployment.
c. the rule of 72.
d. potential real GDP (LRAS).

Question 2

If a bank has actual reserves of 40,000 and a 20 percent reserve requirement, then the maximum amount of checkable deposits the bank can have if excess reserves are zero is:
a. 100,000.
b. 80,000.
c. 300,000.
d. 20,000.
e. 200,000.