The amount of money that a bank must keep on hand per dollar of deposits is called

A) the discount rate.
B) the quick ratio.
C) the multiplier.
D) the reserve requirement.

D

Economics

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From the late 1940s until the creation of the WTO, the organization that was primarily responsible for conducting rounds of trade negotiations was the

A) World Bank. B) IMF. C) United Nations. D) GATT.

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An efficient allocation of resources requires that a product's price equal its average cost

a. True b. False Indicate whether the statement is true or false

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