If banks faced a 100 percent reserve requirement, the money multiplier would be:
a. 0.1
b. 1.0.
c. 10.
d. 100.
b
Economics
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According to the article, ________ in ________ have contributed to Canada's ________ change in real GDP
A) increases; consumption and exports; expected B) decreases; exports and investment; unexpected C) increases; consumption and investment; unexpected D) decreases; exports and government spending; expected
Economics
In two-part pricing
A) consumers pay a lump-sum for all the goods purchased. B) the consumer must pay a lump sum if he buys more than a certain number of units of a good. C) a firm charges more for units purchased on the weekend than for those purchased during the week. D) the average price paid per unit is higher with a small number of units purchased than if a large number of units is purchased.
Economics