As a person consumes more and more slices of pizza, the marginal utility of each extra slice diminishes
Indicate whether the statement is true or false
TRUE
Economics
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The ability of a commercial bank to increase the money supply is limited by the
A) availability of eligible borrowers and the bank's reserves in relation to legal reserve requirements. B) demand of the public for liquidity. C) eligibility of the bank for currency drafts and its ratio of M2 to M1. D) willingness of customers to withdraw currency for circulation.
Economics
Before 1970, mutual funds invested almost solely in
A) corporate bonds. B) corporate common stocks. C) United States government bonds. D) municipal bonds and money market securities.
Economics