A bank's reserve ratio is 5 percent and the bank has $1,000 in deposits. Its reserve amount to

If expectations are adaptive, how will the economy adjust to a new long-run equilibrium in response to expansionary monetary policy? Support your answer with a graph of the Phillips curve

What will be an ideal response?

If there's an increase in the future marginal product of capital in a large open economy, it causes the current account to ________ and saving to ________

A) fall; rise B) rise; remain unchanged C) fall; remain unchanged D) rise; rise