If the required reserve ratio is .10, the demand deposit expansion multiplier is

A) .1.
B) 4.
C) 5.
D) 10.

D

Economics

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Darnell can work on an oil rig, where the probability of being killed in a work-related accident is 4/6,000, or he can earn work as a lumberjack, where the probability of being killed in a work-related accident is 1/6,000

Using the compensating differential approach, the value of Darnell's life is $6 million. How much more per year will working on an oil rig pay than working as a lumberjack? A) $2,000 B) $3,000 C) $4,000 D) $6,000

Economics

An expansionary fiscal policy shifts the aggregate demand curve to the right

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

Economics