If your bank faces a 20 percent required reserve ratio and receives a cash deposit of $4,000 into a checkable deposit account, the maximum total amount of money possible after the banking system makes all loans is:

The appropriate contract for the development of a one-of-a-kind submarine employing a considerable amount of new technology is a fixed fee contract

a. True b. False

If an increase in income leads to a decrease in the demand for popcorn, then popcorn is

A) an inferior good. B) a neutral good. C) a necessity. D) a normal good.