If a bank receives a $20 million discount loan from the Federal Reserve, then the bank's reserves will
A) increase by more than $20 million. B) increase by $20 million.
C) not change. D) increase by less than $20 million.
B
Economics
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Assumptions in models tend to make
A) the model predict what the scientist wants the results to be. B) the model more realistic. C) the model more applicable to specific circumstances. D) the model always predict the future accurately.
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Refer to the above figure. Point C is known as
A) a peak. B) a trough. C) an expansion. D) a contraction.
Economics