The amount of reserves that a commercial bank is required to hold is equal to:
A. the amount of its checkable deposits.
B. the sum of its checkable deposits and time deposits.
C. its checkable deposits multiplied by the reserve requirement.
D. its checkable deposits divided by its total assets.
C. its checkable deposits multiplied by the reserve requirement.
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What portion of the demand curve will profit-maximizing monopolists choose to operate on: the inelastic portion or elastic portion? Why?
Relative to an environment with free trade and no tariff, the winners from the tariff are the domestic ________, and the losers from the tariff are the domestic______. 
A. consumers of sugar and the government; producers of sugar B. producers of sugar; consumers of sugar and the government C. consumers of sugar; producers of sugar D. producers of sugar and the government; consumers of sugar