When bankers hold excess reserves:

A. The size of the monetary multiplier increases

B. The money-creating potential of the banking system increases

C. The money-creating potential of the banking system decreases

D. There is no change in the money-creating potential of the banking system

C. The money-creating potential of the banking system decreases

Economics

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A natural monopoly is likely to experience diseconomies of scale

Indicate whether the statement is true or false

Economics

The additional production resulting from hiring one more worker is

A) marginal physical product. B) marginal cost. C) marginal production. D) additional production.

Economics