Frieda is at her local florist to buy a dozen roses. She is willing to pay $75 for the roses, and buys them for $75. Frieda's consumer surplus from the purchase is

How many Federal Reserve district banks are there in the United States?

A) 7 B) 5 C) 1 D) none of the above

If you deposit $300 in your bank and the required reserve ratio is 10%, your bank will have

A) an increase in required reserves of $300. B) an increase in required reserves of $270. C) an increase in required reserves of $3000. D) an increase in required reserves of $30 and an increase in excess reserves of $270.