U.S. leadership has recently eroded in just about every aspect of global life except one, and that is its ______ dominance.
Fill in the blank(s) with the appropriate word(s).
military
Economics
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In the equation of exchange, the nominal GDP is designated by:
A. PQ/M. B. MV/P. C. PQ. D. MV.
Economics
A bank faces a required reserve ratio of 5 percent. If the bank has $200 million of checkable deposits and $15 million of total reserves, then how large are the bank's excess reserves?
A. $0 B. $5 million C. $10 million D. $15 million
Economics