Wal-Mart's store managers have the authority to stock items and price them to satisfy localized demand. Which of the following properties of this retail store is illustrated here?

Refer to Table 9-5. The required reserve ratio is 10%. By how much could the banking system ultimately increase the money supply if all excess reserves are loaned out, people never withdraw cash, and all loan proceeds are spent?

A) $30 million B) $70 million C) $300 million D) $700 million

A curve showing the amount of real output we collectively wish to purchase at various alternative price levels is called the ___________.

Fill in the blank(s) with the appropriate word(s).