A decrease in the reserve requirement ________ bank reserves and ________ the money supply

The cost of complying with regulation

A) shifts the ATC curve upward. B) shifts the MC curve downward. C) shifts the demand curve to the right. D) increases the products' price elasticity of demand.

Which of the following does not reflect a positive rate of time preference?

a. People are willing to pay high prices to see new movies at first-run theaters. b. A bank pays interest on savings accounts. c. Ed puts money in his mattress for a rainy day. d. Dry cleaners that provide faster service can charge more. e. A college freshman parties all semester, then stays awake studying for 50 straight hours during final exam week.