To decrease the money supply using the reserve requirements, what would the Fed typically do?
A) let each bank get less currency from the Treasury
B) raise the reserve requirement for banks
C) reduce the reserve requirement for banks
D) make each bank voluntarily set its own reserve levels
B
Economics
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If the income per capita of United Kingdom is £23,800 and dollar/pound exchange rate (US$/£) is 1.68 in 2014, the income per capita of UK in US dollars in the same year is ________
A) $30,400 B) $22,829 C) $12,812 D) $39,984
Economics
Refer to the above figure. A surplus will exist when
A) the price is between $0 and $6. B) the price equals $6. C) the price equals $10. D) quantity demanded equals 15.
Economics