The geographical distribution of resources such as skilled labor has little effect on firm location decisions

A bank's assets consist of $1,000,000 in total reserves, $2,100,000 in loans, and a building worth $1,200,000 . Its liabilities and capital consist of $3,000,000 in demand deposits and $1,300,000 in capital. If the bank is required to keep reserves equal to one-third of deposits, what is the level of the bank's excess reserves? How much money could the excess reserves be used to create in the

banking system as a result? a. zero; zero b. $300,000; $300,000 c. $300,000; $900,000 d. $700,000; $2,100,000

The interest rate will fall when the

A. quantity of money demanded exceeds the quantity of money supplied. B. quantity of money supplied exceeds the quantity of money demanded. C. supply of money decreases. D. demand for money increases.