The number by which a change in the monetary base is multiplied to find the resulting change in the quantity of money is called the
A) desired reserve ratio.
B) money multiplier.
C) currency multiplier.
D) currency drain.
E) open market operation.
B
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All but which of the following is a way for unions to increase the demand for their union labor
a. increase the demand for union-made goods b. improve the working conditions for their labor c. restrict the supply of nonunion-made goods d. increase the productivity of union labor e. featherbedding
Over a typical month, Ying Liao will balance spending time on meals, work, entertainment, study, sleep, and so on by ensuring that there is equality among the marginal
a. factor costs of each market work activity b. products of each market work activity c. revenues from each of the products sold d. wages of each hour worked e. expected net utilities of each activity