Banks prefer to make loans than keep reserves because they earn interest on loans and must pay interest on reserves
Indicate whether the statement is true or false
FALSE
Economics
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When an outcome is ________, social surplus is ________
A) Pareto inefficient; maximized B) Pareto efficient; maximized C) Pareto efficient; minimized D) Pareto inefficient; minimized
Economics
Explain how continuing technical progress may cause the price of scarce, exhaustible resources to fall over time
What will be an ideal response?
Economics