By increasing the required reserves, the banking industry will have more excess reserves available for lending.

The table above gives Jane's total utility from magazines and CDs. The price of a magazine is $4 and the price of a CD is $10. What is the marginal utility per dollar from magazines when the sixth magazine is purchased?

A) 36 units B) 15 units C) 9 units D) 5 units

If the rate of technological change increases, the result will be that

a. the growth rate of productivity will decrease and firms' profits will increase b. the growth rate of productivity will increase and firms' profits will decrease c. most individuals will likely lose their jobs due to lack of skills d. the growth rate of productivity will increase and living standards will increase e. firms' profits will increase and living standards will decrease