Based on the above figure showing a budget line, which of the following combinations of soda and bottled water are not affordable?
A) 3 bottles of water and 4 cans of soda
B) 4 bottles of water and 2 cans of soda
C) 2 bottles of water and 6 cans of soda
D) None of the above, that is, all the combinations listed are affordable.
C
Economics
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Banks will keep excess reserves when:
a. they do not foresee profitable opportunities to make loans b. business conditions generally are depressed c. they do not foresee opportunities to make secure loans d. All of the above are correct.
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What is core inflation? Why is it used?
What will be an ideal response?
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