Everything else held constant, if the sum of the required reserve ratio and the excess reserve ratio is greater than one, an increase in the currency-deposit ratio causes the M1 money multiplier to ________ and the money supply to ________
A) decrease; increase
B) increase; increase
C) decrease; decrease
D) increase; decrease
B
Economics
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Hot dogs and hot dog buns are complements. If the price of a hot dog falls, then
A) the demand for hot dogs will increase. B) the demand for hot dog buns will increase. C) the quantity demanded of hot dog buns will increase. D) the quantity demanded of hotdogs will decrease. E) the demand for hot dog buns will decrease.
Economics
If the price of gasoline increases significantly, then we'd expect the demand curve for large trucks and SUVs to:
A. Shift to the right B. Shift to the left C. Become upward-sloping D. Not shift, but there will be a movement along that demand curve
Economics