In the aggregate expenditures model, if an economy operates below equilibrium GDP, there will be unplanned inventory accumulation
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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The required reserve ratio is 20 percent and banks have no excess reserves. Katie deposits $300 in her bank. What are the bank's excess reserves immediately after Katie makes her deposit?
A) $30 B) $90 C) $240 D) $60 E) $300
Economics
What incentive does price cap regulation attempt to give the firm? How does it give the firm this incentive?
What will be an ideal response?
Economics