What term do economists use to refer to the satisfaction that an individual expects to receive from consuming a good or service?

The term investment, in the language of economists, refers to the purchases of stocks, bonds, and other financial instruments

a. True b. False

The minimum amount of reserves the Fed requires a bank to hold, based on a percentage of the bank's total deposit liabilities, is known as

a. excess reserves b. actual reserves c. the legal reserve requirement d. the Fed stipulation rate e. the countercyclical rate