If GDP included the value of leisure time, the value of U.S. GDP would most likely increase

If the currency drain ratio is 30 percent and the desired reserve ratio is 10 percent, the money multiplier is

A) 0.80. B) 1.25. C) 3.25. D) 5.00. E) 10.0.

As the number of firms in an oligopolistic market increases, ________

A) prices tend to decline toward marginal cost B) prices tend to rise above marginal cost C) the market demand for the good tends to fall D) profits earned by firms tend to rise