If the yen price of dollars falls, then the dollar price of yen rises

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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With a required reserve ratio of 20 percent, an increase in reserves of $10,000 could lead to a maximum increase in checking account deposits in the entire banking system of

A) $2,000. B) $8,000. C) $50,000. D) $100,000.

Economics

The government purchases component of GDP includes:

A. interest payments on government debt. B. purchases of final goods and services. C. transfer payments. D. payments made to social security recipients.

Economics