Price gouging
a. Outlaw trade at prices above a certain price level
b. Outlaw trade at prices below a certain price level
c. Is an act of charging a high price to take advantage of shortages created by natural disasters
d. None of the above
c
Economics
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Other things the same, a higher real exchange rate raises net exports
a. True b. False Indicate whether the statement is true or false
Economics
Refer to the data. The commercial banking system has excess reserves of:
Answer the question on the basis of the following consolidated balance sheet for the commercial banking system. Assume the required reserve ratio is 30 percent. All figures are in billions.
A. $9 billion.
B. $7 billion.
C. $6.1 billion.
D. $5 billion.
Economics