If the required reserve ratio is 20 percent and a customer deposited $5,000 in the bank, how much is available to the bank for lending?

If preferences are transitive, indifference curves

A) intersect at the optimum consumption bundle. B) do not intersect. C) intersect where the marginal rate of substitution for each indifference curve is equal. D) intersect at the equilibrium consumption bundle.

Both the production of goods and services and the unemployment rate are used to measure

a. the business cycle. b. productivity. c. the interest rate. d. inflation.