A fractional reserve banking system is one in which banks hold less than 100 percent of ________ as reserves
A) loans
B) deposits
C) securities
D) shareholder equity
Answer: B
Economics
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Prescott's calibrated RBC model showed that the actual and simulated ________ of five key macroeconomic variables were very close
A) magnitudes B) slopes C) volatilities D) betas
Economics
As the price of a good increases, the change in the quantity demanded can be shown by
A) shifting the demand curve leftward. B) shifting the demand curve rightward. C) moving down along the same demand curve. D) moving up along the same demand curve.
Economics