Which of the following is negative for the "typical" consumer at some level of real disposable income?

The more excess reserves banks choose to keep,

A) the larger the deposit multiplier. B) the smaller the deposit multiplier. C) the lower the required reserve ratio. D) the higher the required reserve ratio.

Higher education is a normal good. If its price falls,

a. the quantity of higher education demanded will fall b. the substitution and income effects work in opposite directions c. the income effect is negative d. higher education will satisfy to the law of demand e. real purchasing power will fall