At higher interest rates, banks will want to hold more reserves

Karl can produce either 10 tons of oranges or 5 tons of apples in a year, while Adam can produce either 5 tons of oranges or 10 tons of apples. Which of the following is true? a. Mutually beneficial trade between Karl and Adam could take place at an exchange rate of 1 ton of apples to 1 1/2 ton of oranges. b. Mutually beneficial trade between Karl and Adam could take place at an exchange rate

of 1 ton of oranges to 1 1/2 ton of apples. c. both a. and b. are true. d. neither a. nor b. are true.

The U.S. Department of Labor classifies all individuals in the United States as

A. either overemployed or underemployed. B. potential employees. C. labor force participants. D. either employed, unemployed, or not in the labor force.