Refer to Scenario 25-2. As a result of Kristy's deposit, Bank A's required reserves increase by
A) $2,000. B) $8,000. C) $10,000. D) $50,000.
A
Economics
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If the quantity demanded changes by a relatively small amount for a given change in price, then demand is
A) perfectly inelastic. B) perfectly elastic. C) elastic. D) inelastic.
Economics
Whenever the expected inflation rate is positive
A) the real interest rate is greater than the nominal interest rate. B) the real interest rate is negative. C) the real interest rate is positive. D) the nominal interest rate must be equal to the real interest rate. E) none of the above
Economics