A bank has deposits of $400, reserves of $50, and the desired reserve ratio is 7 percent. The bank's excess reserves are

How a supply curve is sloped and located is affected by:

A) consumer preferences. B) resource prices. C) the number of consumers. D) all of the above.

What is the economic criterion most often used to compare living standards among countries?

a. real GDP b. unemployment rate c. incidence of AIDS d. rate of population growth e. real per capita GDP