Banks cannot influence the money supply if they are required to hold all deposits in reserve

Since 1962, which of the following federal expenditures, measured as a percentage of GDP, has decreased?

A) Social Security B) Medicare and Medicaid C) net interest D) defense

Which of the following would not increase French exports to the United States?

a. an appreciation of the U.S. dollar b. an appreciation of the euro c. a depreciation of the euro d. an increase in French preferences for American goods e. an increase in real income in France