The nominal interest rate tells you how fast the number of dollars in your bank account rises over time

Which of the following is one of the concerns over having U.S. auto producers in China?

a. They will dump back onto U.S. markets. b. They will allow technology to leak to Chinese competitors. c. They cannot compete with the Japanese. d. They will allow the Chinese competitors to steal their business model.

Assume the deposit expansion multiplier is 3.0. If the Treasury borrows $5 billion from the Non-bank public and spends it on the public, bank reserves will

A) rise by $5 billion. B) fall by $5 billion. C) rise by $15 billion. D) not change.