Based on the information in the table, what quantity of reserves would the Federal Reserve have had to inject into the economy in 1932 to prevent the money supply from falling, given that the public increased the amount of currency it held and that banks increased the reserve-deposit ratio?   Currency held by public(in billions)Reserve-deposit ratioBank reserves (in billions)Money supply (in billions)December 1931$4.590.095$3.11$37.3December 1932$4.820.109$3.18$34.0

The t-statistic is computed by

A) dividing the regression coefficient by the standard error of the estimate. B) dividing the regression coefficient by the standard error of the coefficient. C) dividing the standard error of the coefficient by the regression coefficient. D) dividing the R2 by the F-statistic.

The spread between price and marginal cost of an exhaustible resource must grow by the rate of interest so that

A) resource owners earn a profit. B) resource owners are willing to sell some of the resource in the future. C) the price of the resource remains constant in real terms. D) the marginal cost of extracting the resource declines.