If all banks are subject to a uniform 20% reserve requirement and demand deposits are the only form of money, a $1,000 open market purchase by the Fed would cause the money supply to

A. increase by $1,000.
B. decrease by $1,000.
C. decrease by $5,000.
D. increase by $5,000.

D. increase by $5,000.

Economics

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Any change that increases the quantity of labor supplied at all wage rates will ________, assuming all else equal

A) shift the labor supply curve to the left B) cause an upward movement along the labor supply curve C) shift the labor supply curve to the right D) cause a downward movement along the labor supply curve

Economics

The Congressional Budget Office estimates that the Patient Protection and Affordable Care Act (ACA) will increase government spending

A) by more than the additional taxes and fees enacted under the law will bring in. B) by less than $50 billion over the next decade. C) by about $2 trillion over 10 years. D) by more than $20 trillion dollars over the next 5 years.

Economics