Bank A has checkable deposits of $800,000 and total reserves of $200,000. If the required reserve ratio is 0.11, the bank has required reserves of

The figure above shows the marginal social cost curve of generating electricity, the marginal private cost curve, and the demand curve. The marginal external cost of producing 200 billion kilowatt hours per day is ________ per kilowatt

A) 0¢ B) 10¢ C) 20¢ D) 15¢ E) 5¢

Commercial banks are financial intermediaries, as are ________

A) household savers B) state and local governments C) insurance companies D) organized exchanges