The slope of the aggregate supply curve becomes steeper, the faster the costs of production adjust to prices and the smaller the amount of excess capacity in the economy

Medicaid is available to all over 65, including those not poor

Indicate whether the statement is true or false

Fractional reserve banking refers to a system in which the depository institution

A) holds reserves equal to its deposits. B) holds reserves greater than its deposits. C) holds reserves less than its deposits. D) holds zero reserves.