The maximum money that can be created by the entire banking system is equal to a multiple of its excess reserves

Investment pools gathered from a small number of very wealthy individuals or institutions are referred to as:

A) capital investment. B) institutional savings. C) fixed deposits. D) hedge funds.

Other things the same, in the Solow model in the steady state, a higher rate of population growth ________ growth rate of output

A) leads to a higher B) leads to a lower C) has no long-run effect on the D) has an ambiguous effect on the