A bank's reserve ratio is 8 percent and the bank has $1,000 in deposits. Its reserves amount to

a. $8.
b. $80.
c. $92.
d. $920.

b

Economics

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Many economists believe that our price indexes ________ the true inflation rate

A) minimize B) overstate C) understate D) perfectly measure

Economics

If the nation's investment opportunities are highly attractive relative to those available abroad, the nation will tend to

a. experience an outflow of capital and a trade deficit. b. experience an outflow of capital and a trade surplus. c. experience an inflow of capital and a trade deficit. d. experience an inflow of capital and a trade surplus.

Economics