If the Fed reduces the required reserve ratio,
a. excess reserves will increase.
b. excess reserves will decrease.
c. total reserves will increase.
d. total reserves will decrease.
a
Economics
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A reduction in the amount of unemployment
A) shifts the production possibilities frontier outward. B) moves the economy's point of production closer to the production possibilities frontier. C) moves the economy's point of production along the production possibilities frontier. D) moves the economy's point of production further away from the production possibilities frontier.
Economics
What is on the horizontal axis when we draw a total product curve?
a. total cost b. marginal cost c. quantity of output d. quantity of a variable input
Economics