If a commercial bank holds 8 percent of deposits as reserves, then the value of money multiplier will be equal to 8

If discretionary fiscal policy creates a federal budget deficit, the economy must be experiencing falling output

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

A lawyer's ability to understand a client's legal situation and his professional norms may improve the outcome of a negotiation with another attorney, relative to the outcome if the client bargained for herself

Indicate whether the statement is true or false