A(n)_______ is a numeric value assigned to credit habits, bill paying, and history

The price of a first-class stamp in 1957 was 3 cents, and it is 49 cents in 2014. From this we know that

A) both the relative and the absolute price of first-class stamps increased from 1957 to 2014. B) the money price of first-class stamps increased from 1957 to 2014 but the absolute price of first-class stamps stayed constant. C) the money price of first-class stamps increased from 1957 to 2014 and the relative price of first-class stamps decreased. D) the money price of first-class stamps increased from 1957 to 2014, but we can't tell if the relative price of first-class stamps increased or decreased without more information.

Because the banking system operates using fractional reserves,

a. the money multiplier is greater than one. b. excess reserves are equal to zero. c. required reserves are equal to 100 percent. d. banks can loan out only their required reserves. e. the money multiplier must be equal to zero.