Which of the following is a valid statement?
a. Required reserve ratio = required reserves as a percentage to total deposits.
b. Required reserves = the maximum reserves required by the Fed.
c. Excess reserves = total reserves plus required reserves.
d. All of these.
a
Economics
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Which of the following happens if the real interest rate of an economy rises?
A) Labor demand increases. B) Labor supply falls. C) Investment falls. D) Consumption increases.
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In the loanable funds market, an increase in wealth shifts the ________ loanable funds curve ________
A) supply of; rightward B) supply of; leftward C) demand for; rightward D) demand for; leftward
Economics