The reserve ratio equals 20 percent. The Fed buys $1 million in U.S. government securities. The most the money supply can increase is
A) $5 million. B) $4 million. C) $10 million. D) $1 million.
A
Economics
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How is positive economics different from normative economics?
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The labor-force participation rate of a country is 50%, and the adult population is 150 million. If 30 million people in this country are employed, _____ people are unemployed
a. 50 million b. 120 million c. 45 million d. 60 million
Economics