Use the figure above to answer this question. Suppose the economy is operating at point a. A move to ________ could be explained by ________
A) point e; a decrease in the nominal interest rate
B) point c; an increase in the nominal interest rate
C) point d; an increase in real GDP
D) point b; an increase in real GDP
C
Economics
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The risk of investing in the stock market can be eliminated by diversification
Indicate whether the statement is true or false
Economics
Refer to Table 14-1. Suppose a transaction changes a bank's balance sheet as indicated in the T-account, and the required reserve ratio is 10 percent. As a result of the transaction, the bank has excess reserves of
A) $0. B) $400. C) $3,600. D) $4,000.
Economics