Required reserves are the portion of deposits banks are required to hold and not lend to customers

Indicate whether the statement is true or false

TRUE

Economics

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A current price below the equilibrium price will result in a surplus.

a. true b. false

Economics

Which of the following constitutes an input to the Cobb-Douglas production function?

A) capital B) labor C) total factor productivity D) all of the above E) none of the above

Economics