Assume a price floor is imposed at the current equilibrium price in the market for lettuce. If the demand for lettuce then increases:
a. a surplus of lettuce will be created

Which of the following is not a reason for the wage differential between females and males?

a. The choice of major in college by females tends to be different than the choice by males. b. The existence of employer prejudice leads to wage differential between males and females. c. The number of males is usually greater than the number of females in the labor force. d. Females bear the primary responsibility of childbearing. e. Women accept lower wages for flexible and shorter working hours.

Maximum checkable-deposit expansion in the banking system is equal to:

A. Actual reserves minus required reserves B. Assets plus net worth and liabilities C. Excess reserves times the monetary multiplier D. Excess reserves divided by the monetary multiplier