A bank currently has demand deposits of $100,000 . reserves of $30,000 . and loans of $70,000 . If the legal reserve requirement is lowered from 20 percent to 15 percent, this bank can increase its loans by

For the purpose of statistically reporting the unemployment rate, "discouraged workers" are

A) not counted. B) counted. C) trained to do different work. D) offered other jobs.

If a natural monopoly is broken up into many smaller firms then

A) the price will decrease. B) the average total costs of production will increase. C) efficiency will increase. D) None of the above because it is illegal to break up a natural monopoly into smaller firms.