Which of the following examples indicates an economic situation where the highest amount of money is demanded?
a. The interest rate for CDs is 6 percent.
b. The interest rate for saving accounts is 4 percent.
c. The interest rate for U.S. Treasury bills is 8 percent.
d. The interest rate for municipal bonds is 2 percent.
d. The interest rate for municipal bonds is 2 percent.
Economics
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If the required reserve ratio is 0.2, and the Fed buys $3,000 of U.S. government securities, the maximum amount by which the money supply can increase is: a. $200
b. $2,000. c. $600. d. $15,000. e. $1,500.
Economics
Which of the following is likely to have the most inelastic price elasticity of demand?
A. Automobiles. B. Pickup trucks. C. The Hondas one Honda dealer sells. D. Hondas.
Economics