The Lorenz curve is a way of illustrating the distribution of income

Vault cash is equal to $8 million, deposits by depository institutions at the central bank are $2 million, the monetary base is $30 million, and bank deposits are $100 million. The money multiplier is equal to

A) 2.5. B) 3.0. C) 4.0. D) 5.0.

Refer to the above figure. A long-run equilibrium in monopolistic competition is pictured by

A) Panel A. B) Panel B. C) Panel C. D) Panel D.