When the dollar declines in value against a foreign currency, it is called a(n):

Restricting access to endangered common resources assigns

A) permanent property rights to those people given permission to use the resource. B) temporary property rights to those people given permission to use the resource. C) property rights to no one since access has been restricted to only a select few. D) property rights to society in general since the resource is a common resource.

When do we say that a bank is loaned up?

a. When its debtors don't want to repay b. When it is susceptible to a bank panic c. When its excess reserves equal zero d. When it is part of a fractional reserve banking system e. When its required reserves are equal to its excess reserves