In the long-run, the quantity of real GDP supplied increases when the price level increases

Refer to the above figures. An external benefit exists. This will lead to a(n)

A) underproduction equal to Q1 minus Q2. B) overproduction equal to Q4 minus Q3. C) underproduction equal to Q4 minus Q3. D) overproduction equal to Q1 minus Q2.

If Tucker National Bank has $10,000 in excess reserves that it cannot lend:

A. the money multiplier increases. B. the money multiplier decreases. C. the money multiplier stays the same. D. checkable deposits increase.