What is the function of the epididymis?
A. To act as a passageway for sperm from the urethra to the penis
B. To hold the testes
C. To secrete testosterone
D. To store sperm until they mature
Answer: D. To store sperm until they mature
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Because the price level does not affect the long-run determinants of real GDP, the long-run aggregate-supply curve is upward-sloping.
a. true b. false
Suppose the reserve ratio is 25% and banks do not hold excess reserves. When the Fed sells $40 million of bonds to the public,
A) bank reserves increase by $40 million and money supply could increase by a maximum of $40 million. B) bank reserves increase by $40 million and money supply could increase by a maximum of $160 million. C) bank reserves decrease by $40 million and money supply could decrease by a maximum of $40 million. D) bank reserves decrease by $40 million and money supply could decrease by a maximum of $160 million.