The minimum amount of reserves a bank is required to hold is known as

A. Total reserves.
B. Required reserve ratio.
C. Excess reserves.
D. The money multiplier.

Answer: B

Economics

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What is the distinction between the price of capital equipment and the rental rate of capital?

What will be an ideal response?

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Graphically, a market demand curve is found by

A) taking the average of all prices that people are willing to pay. B) summing the quantities demanded by all individuals at each price. C) summing the prices each consumer would pay for each quantity. D) taking the average of the individual demand curves.

Economics