If federal tax rates increased, what would happen to the interest rate on municipal bonds?

You go to work today, but will get your paycheck at the end of the month. This is an example of money serving as a

A) store of value. B) unit of accounting. C) standard of deferred payment. D) medium of exchange.

Suppose a bank has $1,000 in deposits and $100 in reserves. If the desired reserve ratio is 5 percent, how much can this bank increase its loans?

A) $80 B) $0 C) $100 D) $400 E) $50