A bank's required reserves are either held as vault cash or:
a. used to purchase Treasury bonds.
b. deposited with the Fed.
c. invested in the stock market.
d. loaned out to other commercial banks.
b
Economics
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The above figure shows the U.S. market for replacement cell phone batteries. Area A + area E is the
A) consumer surplus when there is a tariff. B) producer surplus when there is a tariff. C) tariff revenue. D) increase in producer surplus due to the tariff. E) gain in total surplus due to the tariff.
Economics
Of the three economic growth theories, which is the most optimistic about the chances of real GDP per person growing indefinitely? Which is the most pessimistic? What accounts for the differences?
What will be an ideal response?
Economics