Jerome has a "C" average in his philosophy course and a "B" average in his economics course. He decides to study an extra hour for his philosophy exam. This is an example of

A) ceteris paribus. B) caveat emptor.
C) using assumptions to simplify. D) thinking at the margin.

D

Economics

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With a reserve ratio of 10 percent, the maximum potential money multiplier is

A) 1. B) 5. C) 10. D) 100.

Economics

The policy rate is

A) determined by monetary policy. B) a real interest rate. C) a risk premium. D) entering the IS equation.

Economics