A reserve requirement of 12.5 percent implies a potential money multiplier of:
a. 5

Political instability is a deterrent to long-term private investment

a. True b. False Indicate whether the statement is true or false

A person who voluntarily quits his/her job in New York and expects to get a similar job in Los Angeles is an example of:

a. frictional unemployment. b. structural unemployment. c. durational unemployment. d. cyclical unemployment.