If the required reserve ratio is 10 percent, the simple deposit multiplier is
A) 5.0.
B) 2.5.
C) 100.0.
D) 10.0
D
Economics
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The process of money creation by the banking system is limited, in part, by the
A) Comptroller of the Currency. B) number of depositors. C) laws passed each year by the U.S. Congress. D) desired reserve ratio. E) number of banks.
Economics
The figure above shows a labor market. If this labor market is perfectly competitive, employment is
A) 0 hours per week. B) 50 hours per week. C) 100 hours per week. D) 150 hours per week.
Economics