In the above figure, if household consumption is positively related to household income, then an increase in household income will
A) shift the line rightward.
B) shift the line leftward.
C) make the line positively sloped.
D) cause a movement along the line.
A
Economics
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If the reserve requirement is 15 percent and a customer makes a new cash deposit of $50,000, how much new excess reserves are created?
a. $7,500 b. $33,000 c. $67,500 d. $42,500
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Japan's status as a rich nation is attributable to
a. Japan's quantities of natural resources, but not to international trade. b. international trade, but not to Japan's domestic quantities of natural resources. c. the fact that Japanese productivity has remained nearly constant for more than 100 years. d. the fact that the Japanese have downplayed the role of human capital in economic growth.
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