Of the following OECD countries, which has the lowest infant mortality rate?
A) the United Kingdom
B) Japan
C) Canada
D) the United States
B
Economics
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Assume the Federal Reserve increases the required reserve ratio from 10 to 20 percent and reserves are $80 billion. Then the change in the money supply will be
a. $80 billion. b. $20 billion. c. $400 billion. d. $800 billion. e. none of the above
Economics
Suppose the inverse demand curve for a good is expressed as Q = 50 - 2p. If the good currently sells for $3, then the price elasticity of demand is
A) -3 ? (2/50). B) -2 ? (50/3). C) -2 ? (3/44). D) -3 ? (44/2).
Economics