The U.S. market for interbank borrowing and lending is called the:

A small economy increased its capital per hour worked (K/L) from $40,000 to $50,000. As a result, real GDP per worker (Y/L) grew from $20,000 to $25,000

If the economy increases its capital per hour worked by another $10,000 to $60,000, but there is no change in technology, by how much more and in what direction will output per worker change? A) Output per worker will increase by less than $5,000. B) Output per worker will increase by exactly $5,000. C) Output per worker will fall by more than $5,000. D) Output per worker will increase by more than $5,000.

The funds that banks are required by law to hold in the form of either vault cash or deposits with the Fed are called

a. excess reserves. b. fractional reserves. c. required reserves. d. certificates of deposit.