The quantity theory of money addresses the
A) long-run effect the quantity of money has on the price level.
B) determinants of potential GDP.
C) determinants of the equilibrium unemployment rate.
D) short-run effect the quantity of money has on the price level.
A
Economics
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When bank deposits increase from $1 million to $2 million, banks' required reserves increase from $100,000 to $200,000. The required reserve ratio is ________
A) 10.0 B) 0.10 C) 1.00 D) 0.25
Economics
People tend to "dress up" for job interviews, even though their clothes do not make them more productive in their positions. This situation is an example of
a. signaling. b. adverse selection. c. the principal-agent problem. d. moral hazard.
Economics