A bank that has $10,000 in excess reserves can extend new loans up to a maximum of:
a. $1,000.
b. $9,000.
c. $10,000.
d. $100,000.
c
Economics
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Intra-industry trade refers:
a. to imports and exports within the same industry. b. to imports and exports originating in different industries. c. to international trade patterns predicted by the Heckscher-Ohlin model. d. to Ricardian comparative advantage.
Economics
In the United States, the Gini coefficient for the entire nation
A) is considerably higher than the coefficients for each of the 50 states. B) is considerably lower than the coefficients for each of the 50 states. C) is in roughly the same range as the Gini Coefficients for each of the 50 states. D) must be exactly equal to the coefficients for each of the 50 states.
Economics