The deposit-creation process can continue as long as

a. banks have required reserves
b. banks have excess reserves
c. the Fed sells bonds
d. banks sell bonds to the public
e. the required reserve ratio does not change

B

Economics

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Refer to Figure 5-9. The efficient output is

A) Q1. B) Q2. C) Q3. D) Q4.

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Which of the following represents the change in the capital stock?

A) consumption minus depreciation B) output minus depreciation C) investment minus saving D) investment minus depreciation

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