Gordon is a person who sells narcotics "on the street." This type of illegal activity:
A. Would be considered double counting in calculating GDP
B. Is estimated and included in GDP figures
C. Is excluded from GDP figures
D. Causes GDP to be overstated
C. Is excluded from GDP figures
Economics
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The right to own or control a resource is called a ________
Fill in the blank(s) with correct word
Economics
In September 2007, Regions Bank held $3 million in reserves against M1 deposits and made $83 million in loans. Between September 2007 and September 2008, deposits decreased from $114 million to $95 million
If Regions Bank wants to maintain its desired reserve ratio in 2008, it will A) increase its reserves. B) definitely make more loans. C) cannot make more loans. D) decrease its reserves.
Economics