Jewel Bank has a reserve requirement ratio of 14 percent. The money multiplier for Jewel Bank is ______.

A local newspaper headline states "Congress Votes Against President's Proposed Tax Increase." An economist would interpret the statement as

A) a sad event, because all economists favor tax cuts. B) uninteresting, because all economists favor theories instead of reality. C) a purely political issue not related to economics. D) a shorthand way of saying, "More individuals in Congress voted against the tax cut compared to the number of individuals who voted in favor of the tax cut."

The above table shows the distribution of wealth and income for Miseria. What percent of wealth is owned by the poorest forty percent of the population?

A) 0 percent B) 2 percent C) 5 percent D) 10 percent