Since wages fell by more than prices, Civil War laborers were better off

Indicate whether the statement is true or false

False

Economics

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If the required reserve ratio is one-third, currency in circulation is $300 billion, and checkable deposits are $900 billion, then the currency-deposit ratio is

A) 0.25. B) 0.33. C) 0.67. D) 0.375.

Economics

Which of the following type of firm is not a price taker in the market in which the firm buys its inputs?

a. Perfect competition. b. Monopsony. c. Oligopoly. d. Monopoly.

Economics