The above figure shows the demand and marginal cost curves for a monopoly. The deadweight loss of this monopoly equals

The percentage of a bank's total deposits held in reserves, either as cash in the vault or as deposits at the local Federal Reserve bank, is:

a) the reserve ratio. b) the reserve requirement. c) excess reserves. d) the money ratio.

Which of the following is NOT an example of a financial derivative?

A) forwards B) bonds C) swaps D) futures E) options