Suppose that the banking system currency has no excess reserves and that a bank receives a deposit into a checking account of $10,000 in currency

Real interest rates at times have been negative. Why would anyone lending money agree to a negative real interest rate?

What will be an ideal response?

Given the production function Y = A , if an economy's capital per worker k is $27 thousand, and its total factor productivity A is 0.5, then output per worker is (approximately) ________

A) $13,500 B) $40,500 C) $3,000 D) $5,000 E) $1,500