Decisions by depositors to increase their holdings of ________, or of banks to hold ________ will result in a smaller expansion of deposits than the simple model predicts

A) deposits; required reserves
B) deposits; excess reserves
C) currency; required reserves
D) currency; excess reserves

D

Economics

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Refer to the scenario above. The opportunity cost of producing one pound of oranges in Zeta is:

A) 1 pound of apples. B) 0.33 pounds of apples. C) 0.5 pounds of apples. D) 2 pounds of apples.

Economics

The statement "government should provide affordable health care coverage for every member of society" is:

A. a statement that everyone agrees with. B. a positive statement. C. a statement that everyone disagrees with. D. a normative statement.

Economics