A bank has excess reserves of $6,000 and demand deposit liabilities of $100,000 when the required reserve ratio is 20 percent. If the reserve ratio is raised to 25 percent, the bank's excess reserves will be

Which of the following is likely to happen to the demand curve for reserves if the federal funds rate increases?

A) The demand curve for reserves will shift to the right. B) The demand curve for reserves will shift to the left. C) There will be an upward movement along the demand curve for reserves. D) There will be a downward movement along the demand curve for reserves.

If, due to a recession, foreign workers begin to leave the United States to search for temporary work in their home countries until the recession has ended, this will

A) shift the short-run aggregate supply curve of the home country to the left. B) shift the short-run aggregate supply curve of the home country to the right. C) move the home country's economy up along a stationary short-run aggregate supply curve. D) move the home country's economy down along a stationary short-run aggregate supply curve.