Government purchases are included in national product
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Refer to the above table. The value of M1 is
A) $910 billion. B) $2,560 billion. C) $860 billion. D) $1,360 billion.
Economics
Required reserve ratios are the minimum amount of
A) deposits any one bank must hold as a percentage of its reserves. B) reserves any one bank must hold as a percentage of its deposits. C) reserves any one bank must hold as a percentage of its total assets. D) deposits any one bank is allowed to accept as percentage of its capital. E) reserves any one bank must hold as a percentage of its loans.
Economics