If the required reserve ratio was 25 percent, a bank that received currency deposits of $16,000:
a. could now issue $64,000 of new loans.
b. could now issue $16,000 of new loans.
c. could now issue $12,000 of new loans.
d. could now issue $4,000 of new loans.
c
Economics
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In the figure above, if the firm is regulated using an average cost pricing rule, the deadweight loss created is equal to the area of
A) ABG. B) BEFG. C) BCFG. D) BCE. E) None of the above because there is no deadweight loss created.
Economics
Contrast the Keynesian and Monetarist views on how a change in the money supply impacts the economy.
What will be an ideal response?
Economics