Suppose a commercial banking system has $240,000 of outstanding checkable deposits and actual reserves of $85,000. If the reserve ratio is 25%, the banking system can expand the supply of money by a maximum of

Your marginal utility from a hamburger

A) is always greater than your total utility from hamburgers. B) is always greater than your average utility from a hamburger. C) is always greater than the price of a hamburger. D) depends on how many hamburgers you've already eaten.

If capital demand shifts to shorter lived equipment, then

A) net investment will fall. B) net investment will increase. C) net investment will not change. D) the effect on net investment is unknown.