Subjective
What will be an ideal response?
Opinion, not provable or disprovable
Economics
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On a certain date the banking system had $2 billion in excess reserves. The legally required reserve ratio was 12.5 percent. Potentially, if these funds were fully loaned out, the banking system as a whole could increase the money supply by a maximum of: a. $0.25 billion. b. $2.5 billion
c. $12.5 billion. d. $16 billion
Economics
Index funds are financial intermediaries, but municipal bonds are not
a. True b. False Indicate whether the statement is true or false
Economics