Suppose a bank has $200,000 in deposits, a reserve ratio of 10 percent, and reserves of $45,000. This bank has excess reserves of

Less-developed countries that nonetheless have access to the latest technologies must be suffering from a relative shortage of ________ according to the Solow growth model, implying a very ________ rate of return available on additions to capital in

those countries. A) capital, low B) capital, high C) labor, low D) labor, high

Using only marginal revenue and marginal cost, we can determine whether a firm is incurring a profit or a loss

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