When banks hold more reserves than are required, such reserves are called
A) total reserves.
B) required reserves.
C) excess reserves.
D) loan reserves.
Answer: C) excess reserves.
Economics
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The demand for loanable funds curve shifts rightward when
A) expected profit decreases. B) the real interest rate rises. C) the real interest rate falls. D) expected profit increases. E) wealth rises.
Economics
This graph shows three different budget constraints: A, B, and C.
If Bart has budget constraint A in the graph shown, what would cause his budget constraint to shift to B?
A. The price of soda has decreased. B. The price of milk has increased. C. Bart's income has decreased. D. The price of soda has increased.
Economics