If people refused to use banks to create checkable deposits, the banking system would:
a. not be affected in the money creating process.
b. not have a way to loan out excess reserves.
c. be able to expand the money supply by more than the money multiplier indicates.
d. not be able to create new money.
e. not be able to find new borrowers.
d
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Which of the following influences household saving?
I. The real interest rate II. Disposable income III. Expected future income A) I only B) I and II C) I and III D) I, II, and III
Last month, the Tecumseh Corporation supplied 400 units of three-ring binders at $6 per unit. This month, the company supplied the same quantity of binders at $4 per unit. Based on this evidence, Tecumseh has experienced
A) an increase in supply. B) a decrease in the quantity supplied. C) an increase in the quantity supplied. D) a decrease in supply.