What type of relationship does the law of demand demonstrate?

Suppose Acme County Bank and Trust has $1 million in total deposits and the required reserve ratio is 5%. How many dollars is Acme bank allowed to use to seek profits?

A) 0 B) $50,000 C) $500,000 D) $950,000 E) Trick question: banks aren't allowed to seek profit.

The Employment Act of 1946 codified the federal government's commitment to

A) promote high employment consistent with price stability. B) promote high employment irrespective of the effects on price stability. C) guarantee a job to every unemployed person. D) fine companies that engage in excessive layoffs during recessions.