Assuming all excess reserves are loaned out, currency holdings by the public are zero, and a reserve ratio of 25 percent, an initial deposit of $3,000 will lead to a total increase in deposits of

Olson (1971) claims that unions strive for job monopoly to achieve their goals by coercion

Indicate whether the statement is true or false

As long as TVC < TR, a firm will have a positive level of output in the short run

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