Lowering the required reserve ratio raises the simple deposit multiplier
Indicate whether the statement is true or false
True
Economics
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Which of the following generates productive efficiency?
A) government inspectors B) government production rules and regulations C) competition among sellers D) competition among buyers
Economics
If individuals have money illusion then they
A) think that money is worthless. B) ignore the effects on their income or wealth of some price changes in the economy. C) they base their production and consumption decisions on relative rather than absolute prices. D) Both B and C.
Economics