An increase in the amount of resources would shift the long-run aggregate supply curve:

If loans are $69,000 . excess reserves are $1,400, and checkable deposits are $80,000 . then the required reserve ratio must be:

a. 1.75 percent. b. 12 percent. c. 13.75 percent. d. 17.5 percent. e. 0.12 percent.

As the baby boom generation, born during 1946 through 1960, reaches retirement age during the 2011 through 2030 period, the number of workers per Social Security beneficiary is expected to

a. increase to five. b. remain constant at approximately seven. c. decline to approximately five. d. decline to approximately two.