A machinery used in a factory is a(n) ________ good
A) club B) capital C) inferior D) public
B
Economics
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A system in which depository institutions hold reserves that are less than the amount of total deposits is called
A) central banking system. B) required reserve banking. C) fiat money banking. D) fractional reserve banking.
Economics
If an indifference map for a consumer is made up of straight, negatively sloped lines, the goods are
A) perfect complements. B) unrelated. C) perfect substitutes. D) not desirable.
Economics