Leontief found that
A) U.S. exports are capital intensive relative to U.S. imports.
B) U.S. imports are labor intensive relative to U.S. exports.
C) U.S. exports are neither labor nor capital intensive.
D) None of the above.
B
Economics
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What will be an ideal response?
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Suppose a bank has demand deposits of $2,500, excess reserves of $125, and a reserve requirement of 25 percent. What is the loss in the money expansion process of the whole banking system if the bank decides to lend out only $100?
a. $100 b. $150 c. $200 d. $400 e. $500
Economics