A bank has checkable deposits of $1,000,000, loans of $600,000, and government securities of $400,000. If the required reserve ratio is 5 percent, the amount of required reserves is

Over the past several decades in the United States, the labor-force participation rate of women has increased and the labor-force participation rate of men had decreased

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

The CPI was 238 in one year and 244 the following year. How much did prices rise between these two years?

A) 2.46 percent B) 5.50 percent C) 2.52 percent D) 0.03 percent