If Fifth Third Bank had actual reserves of $1 billion and required reserves of $1.1 billion, its excess reserves would be
A. $1 billion.
B. $100 million.
C. 0.
D. -$100 million.
D. -$100 million.
Economics
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The MRP of labor will shift to the right if
A) labor productivity increases. B) labor productivity decreases. C) wages increase. D) wages decrease.
Economics
Which of the following will cause a shift to the left of the supply curve?
A. Increases in the market price of the good being supplied, other things being equal. B. Increases in taxes per unit of output. C. Advances in technology. D. Decreases in input prices.
Economics