As growth progresses and countries become richer, pollution tends to fall.

Suppose banks hold no excess reserves, households and firms do not change the amount of currency they hold, and the required reserve ratio is 25%

If the Federal Reserve purchases $1 million in treasury securities, what will be the changes in bank reserves and total checking account deposits in the whole banking system?

In general, any ceteris paribus determinant of supply that is favorable to production will

A) cause a movement along the supply curve. B) shift the supply curve to the right. C) shift the demand curve to the left. D) shift the supply curve to the left.