In response to the financial crisis of 2008, the federal government passed a ________ bailout bill.

A perfectly competitive firm breaks even at a price equal to its minimum average total cost

Indicate whether the statement is true or false

If the reserve ratio is 6 percent, then $9,000 of additional reserves can create up to

a. $159,000 of new money. b. $54,000 of new money. c. $150,000 of new money. d. $141,000 of new money.