Suppose the required reserve ratio is 5%. If banks are conservative and choose not to loan all of their excess reserves, the actual money multiplier is

In the 2008-09 recession, the percentage of part-time workers due to economic reasons

A) rose to almost 18 percent. B) did not include teenagers. C) equalled the unemployment rate for those who are part-time workers due to non-economic reasons. D) decreased slightly over the period. E) doubled from 3 percent to 6 percent.

A measure of how much debt an investor takes on in making an investment is referred to as

A) asset management. B) the debt-equity ratio. C) securitization. D) leverage.