Use the above figure. The total cost earned by this monopolistically competitive firm is

If people never withdrew money, how much money could the banking system create given a new amount of deposits, assuming that excess reserves were zero?

A) the amount of new deposits multiplied by the money multiplier B) as much as the new deposits C) zero D) the amount of new deposits multiplied by the reserve ratio

A record of all transactions between residents of the reporting country and residents of the rest of the world over a period of time is called the:

A) national income product accounts. B) balance of payments accounting system. C) accrual accounting system. D) none of the above.