When people make deposits of currency into a bank, the quantity of M1
A) changes only if the deposit is an open market operation.
B) immediately decreases by the amount of the deposit.
C) immediately increases by the amount of the deposit.
D) does not immediately change.
E) immediately changes but whether it increases or decreases depends on whether the bank had excess reserves or did not have excess reserves.
D
Economics
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Refer to the figure above. The consumer surplus before the tax is imposed is given by the area ________
A) BCJ B) BAH C) CAE D) JBHF
Economics
The branch of economics that deals with the analysis of the whole economy is called
A) macroeconomics. B) marginal analysis. C) microeconomics. D) metroanalysis.
Economics