Which of the following events could account for the situation shown?
a. an increase in natural resources
b. a change in the expected price level
c. an increase in government regulations
d. a temporary decrease in an input price
a. an increase in natural resources
Economics
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When dealing with negative externalities, what is meant by the term "internalizing an externality"?
What will be an ideal response?
Economics
On a certain date, the banking system had $40 billion in excess reserves. The legally required reserve ratio was 20 percent. Potentially, if these funds were loaned and eventually the entire amount re-deposited with a bank, the banking system as a whole could increase the money supply by
a. a maximum of $40 billion. b. a maximum of $160 billion. c. a maximum of $200 billion. d. more than $200 billion.
Economics