Any movement to reduce the globalization of the world's economies will make workers in the poorest countries worse off than they would otherwise be

If reserves in the banking system increase by $100, then checkable deposits will increase by $100 in the simple model of deposit creation when the required reserve ratio is

A) 0.01. B) 0.10. C) 0.20. D) 1.00.

Defensive open market transactions

A) are aimed at achieving changes in monetary policy. B) are used much less frequently than dynamic open market transactions. C) are used to offset disturbances to the supply or demand for reserves. D) make it easy to deduce the Fed's intentions for monetary policy.