A decrease in the value of the dollar relative to foreign currencies is likely to cause the level of farm imports to ________ and the level of exports to ________

Overall, government intervention in the financial system ________

A) is both essential and imperfect B) prevents adequate market solutions to market problems C) is continually improving and expanding D) is incompatible with an efficient allocation of resources

Suppose a bank has checkable deposits of $100,000 and the required reserve ratio is 20 percent. If the bank currently has $100,000 in reserves, it could expand the money supply by as much as:

a. $100,000. b. $400,000. c. $0. d. $20,000. e. $80,000.