A supply curve is the same as a
A) total cost curve.
B) marginal cost curve.
C) total benefit curve.
D) marginal benefit curve.
E) deadweight loss curve.
B
Economics
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If a bank receives a $7,500 deposit and the required reserve ratio is 20%, how much of this deposit can be loaned out?
a) $1,500 b) $2,000 c) $6,000 d) $7,500
Economics
In the Solow model, if productivity doesn't change,
A) the economy must eventually reach a steady state. B) the capital—labor ratio must decline. C) the capital—labor ratio must rise. D) there can be no saving.
Economics