In which of the following periods was the relationship between the U.S. unemployment rate and U.S. inflation rate unstable?

Suppose a bank has $100,000 in checking account deposits with no excess reserves and the required reserve ratio is 10 percent. If the Federal Reserve raises the required reserve ratio to 12 percent, then the bank will now have excess reserves of

A) $12,000. B) $0. C) -$2,000. D) -$12,000.

Net national product equals

A) gross national product minus statistical discrepancy. B) gross national product minus depreciation. C) national income minus taxes on production and imports. D) national income plus depreciation.