If reserves in the banking system increase by $100, then checkable deposits will increase by $400 in the simple model of deposit creation when the required reserve ratio is
A) 0.01.
B) 0.10.
C) 0.20.
D) 0.25.
D
Economics
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For any two goods, A and B, if MUA divided by PA equals 2.5 and MUB divided by PB equals 4.0, then with given income and prices the consumer should
A) buy more of good A and less of good B. B) buy more of good B and less of good A. C) buy all of good B and no A. D) stop because an equilibrium is achieved.
Economics
The term "linear" in a multiple linear regression model means that the equation is linear in parameters.
Answer the following statement true (T) or false (F)
Economics