If a firm's average variable cost curve is rising, its marginal cost must exceed its average variable cost

The larger the public's currency drain from the banking system, the

A) smaller is the monetary base. B) smaller is the money multiplier. C) larger is the monetary base. D) larger is the money multiplier.

Bankers have a reputation for conservatism in politics, dress, and business affairs. Is there an economic rationale for this conservatism? Explain