For an imaginary economy, the value of the consumer price index was 140 in 2013 and 146.5 in 2014 . The economy's inflation rate for 2014 was

Refer to Figure 14.2. Other things equal, an increase in worker productivity would best be represented by a movement from

A) point A to point B. B) point B to point A. C) point C to point A. D) point C to point B.

If the reserve requirement was 5% and a bank customer makes a deposit of $1,000, the initial result would be:

a. a $950 increase in required reserves and a $50 increase in excess reserves. b. a $20,000 increase in required reserves and a $950 increase in excess reserves. c. a $50 increase in required reserves and a $20,000 increase in excess reserves. d. none of the above