In August 2007, Sun Trust Bank has $83 million in loans and $114 million in M1 deposits. If Sun Trust is holding $4 million in reserves, the bank's reserve ratio is

If the market clearing price of computer tablets rises from $400 to $600, and the market clearing output increases from 5 million to 7 million units,

A) demand decreased and supply remained unchanged. B) supply increased and demand remained unchanged. C) demand increased and supply remained unchanged. D) supply decreased and demand remained unchanged.

Stagflation is the simultaneous occurrence of inflation and high unemployment

a. True b. False Indicate whether the statement is true or false