Economists who have studied economic growth find strong evidence of convergence

A bank that has no excess reserves

A) cannot create loans. B) is not in equilibrium. C) is on the brink of bankruptcy. D) has no required reserves.

Assuming that good "x" is measured on the x-axis and good "y" is measured on the y-axis, if the utility for the two goods "x" and "y" can be measured as U = x, then it can be concluded that

A) "x" and "y" are perfect complements. B) "y" is a "bad". C) the indifference curves on the x,y graph are upward sloping. D) the indifference curves on the x,y graph are vertical.