No matter what banks do, when the legal reserve requirement is 20 percent, the potential money multiplier is

As the recession persisted into 2009, the unemployment rate in the United States rose to ________, the highest rate since the recession of 2001-2002 and the second highest since the Great Depression

A) 5.5 percent B) 9.3 percent C) 17.6 percent D) 25.1 percent

A large aircraft manufacturer, like Boeing, may have a cost advantage over a new smaller manufacturer because of:

a. diseconomies of scale. b. economies of scale. c. diminishing returns to a fixed factor of production. d. the principal agent problem is generally less severe for larger firms.