If the reserve ratio is .20, the money multiplier can be as high as

Menu costs are the:

a. cost of changing interest rates. b. cost of converting currencies. c. cost of changing prices. d. cost of changing exchange rates.

In the United States in 2015, consumption represented slightly less than

a. 60 percent of GDP. b. 70 percent of GDP. c. 80 percent of GDP. d. 90 percent of GDP.