When people withdraw money from their deposits in the banking system, the:
A. Excess reserves of the banking system will decrease
B. Excess reserves of the banking system will increase
C. Excess reserves of the banking system will not be affected
D. Money supply will immediately decrease
A. Excess reserves of the banking system will decrease
Economics
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Sellers in a perfectly competitive market:
A) are price takers. B) sell differentiated goods and services. C) are not allowed to exit the market. D) are small in number.
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Refer to Figure 2-9. Which country has a comparative advantage in the production of popsicles?
A) Greenland B) They have equal productive abilities. C) Iceland D) neither country
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