Which of the following measures the changes in the prices of a "market basket" of some 300 goods and services purchased by typical urban consumers?

If the official settlements account is zero, whenever the United States has a current account deficit, it must also have a capital account deficit

Indicate whether the statement is true or false

Suppose a bank has $200 million in checking account deposits with no excess reserves and the required reserve ratio is 15%. If the Fed reduces the required reserve ratio to 10%, the bank will now have excess reserves of

A) $0. B) $10 million. C) $20 million. D) $30 million.