Which of the following is the broadest based price index?

A successful cartel must divide the market among its members to prevent members'

A) marginal cost from exceeding their individual marginal revenues. B) output from decreasing. C) prices from rising above the cartel price. D) selling costs from rising.

In the simple model of multiple deposit creation in which banks do not hold excess reserves, the increase in checkable deposits equals the product of the change in reserves and the

A) reciprocal of the excess reserve ratio. B) simple deposit expansion multiplier. C) reciprocal of the simple deposit multiplier. D) discount rate.