Required reserves are the amount of
A) reserves a bank must hold against its deposits as mandated by the Federal Reserve.
B) cash a bank must hold against its deposits as mandated by the Federal Reserve.
C) checkable deposits a bank must hold against all other deposits as mandated by the U.S. Treasury.
D) reserves a bank must hold against all its assets as mandated by the Federal Reserve.
A
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An individual firm in perfect competition can exercise a significant control over the market price of the good
a. True b. False Indicate whether the statement is true or false
Which of the following is true?
a. economic freedom is present if a country is a political democracy. b. economic freedom ratings indicate the consistency of a nation's institutions and policies with personal choice, freedom of exchange, and protection of private property. c. economies that are highly free tend to grow less rapidly than those with less economic freedom. d. all of the above are correct.