If the required reserve ratio is 5 percent, then the simple deposit multiplier is
A) 2. B) 5. C) 10. D) 20.
D
Economics
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When the economy is near the natural unemployment rate, most adult males looking for work are experiencing ________ unemployment
A) turnover B) mismatch C) cyclically D) seasonally
Economics
Refer to the graph. If the interest rate rises from 2 percent to 3 percent, the supply of money must have:
A. Decreased by $50 billion
B. Decreased by $100 billion
C. Decreased by $150 billion
D. Increased by $50 billion
Economics