An increase in supply means that quantity supplied rises
A. at least one price.
B. at a few prices.
C. at most prices.
D. at all prices.
D. at all prices.
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In August 2007, Sun Trust Bank has $83 million in loans and $114 million in M1 deposits. If Sun Trust is holding $4 million in reserves, the bank's reserve ratio is
A) $31 million. B) 4.8 percent C) 3.5 percent. D) 72.8 percent.
Assume that each day ten thousand children watch Sesame Street on public television and that watching Sesame Street generates a benefit of $100 per child per year. Once a year, public television hold a pledge drive asking viewers to make voluntary contributions in order to keep the programming available to everyone. If public television stations collect less than $100 per child during the pledge drive, then this is evidence:
A. that parents do not care about their children. B. that head taxes are regressive. C. that the government should not subsidize public television. D. of the free-rider problem.