Which of the following is not considered a renewable resource:

The concept of holding reserves, such as gold, that are less than the value of the total deposits

A) is known as fractional reserve banking. B) has been illegal since the passage of the Financial Services Modernization Act of 1999. C) is known as non-credit banking. D) None of the above are correct.

If the wage is kept above the equilibrium level because of minimum-wage laws, then the result is unemployment; if the wage is kept above the equilibrium level for some other reason, the result need not be unemployment

a. True b. False Indicate whether the statement is true or false