The reserve ratio represents the proportion of deposits that a bank wishes to hold with itself
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Suppose the price of a football is $20.00 and the price of a basketball is $10.00. The ________ of a football is ________
A) relative price; 2 basketballs per football B) relative price; 1/2 basketball per football C) opportunity cost; $20.00 D) opportunity cost; $10.00
Economics
A complement is a good
A) of lower quality than another good. B) used in conjunction with another good. C) used instead of another good. D) of higher quality than another good.
Economics