If a bank had demand deposits of $80 million and it faced a 25 percent required reserve ratio, it would be required to have how many reserves?
a. $20 million
b. $40 million
c. $60 million
d. $80 million
a
Economics
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Other things the same, in the Solow model in the steady state, a higher rate of population growth ________ growth rate of output per worker
A) leads to a higher B) leads to a lower C) has no long-run effect on the D) has an ambiguous effect on the
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Serious concern for deregulation began to appear in Congress in the 1970s
a. True b. False Indicate whether the statement is true or false
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