A reserve requirement of 40 percent would mean that each dollar of reserves could support ____ of demand deposits

a. $0.40
b. $1.60
c. $2.50
d. $4.00

c

Economics

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The supply curve shows a(n) ________ relationship between price and quantity and is therefore ________ sloping

A) direct; downward B) direct; upward C) inverse; downward D) inverse; upward

Economics

A negative income tax program is designed to assist the unemployed

Indicate whether the statement is true or false

Economics