Assume the M2 multiplier is 3 and the reserve ratio is 10%. If the central bank buys $100 million of government securities from banks, the banking system's reserves will:

It is most likely that the federal government will never actually pay off the national debt

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

Acme Inc found a tricky way to conform to the letter of the law with respect to new EPA regulations, even though they violated the spirit of the law. This is called

A) the capture theory. B) collusive response. C) share-the-gains, share-the-pains theory. D) creative response.