When governments run budget surpluses, ceteris paribus, public saving as well as national saving decreases

If a $1 million open market purchase by the Fed generates a new deposit at a bank that immediately causes the bank's reserves held at the Fed to increase by $1 million, then the T-account effects are that the bank's assets and liabilities ________ by

$1 million and that the Fed's assets and liabilities ________ by $1 million. A) increase; decline B) decline; decline C) increase; increase D) decline; increase

The annual membership fees of the 185 member countries of the IMF are called:

a. annuities. b. quotas. c. vetos. d. conditionalities. e. petrodollars.