________________ is the analysis of how the burden of a tax is divided between consumers and producers:

Suppose a bank is exactly meeting its desired reserve ratio of 10 percent and a new deposit of $75,000 is made. Immediately after the deposit is made, the bank's excess reserves equal

A) zero. B) $7,500. C) $67,500. D) It is impossible to determine without additional information.

The aggregate demand for money can be expressed by

A) Md = P × L(R,Y). B) Md = L × P(R,Y). C) Md = P × Y(R, L). D) Md = R × L(P,Y). E) Md = R × L(R, P).