The change in demand deposits varies directly with
A) the currency ratio.
B) the reserve ratio on demand deposits.
C) the monetary base.
D) the reserve ratio on time deposits.
C
Economics
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The body that is responsible for dating the beginning and ending dates for a recession is
A) the Congress. B) the National Bureau of Economic Research. C) the Bureau of Economic Analysis. D) the Fed.
Economics
The profit-maximizing price and quantity established by a perfectly competitive firm in the above figure are
A) Q1 units of output and a price of P5. B) Q3 units of output and a price of P3. C) Q1 units of output and a price of P1. D) Q4 units of output and a price of P4.
Economics