When a bank has excess reserves
A) it can create money.
B) it can make loans.
C) it has too many loans.
D) Both answers A and B are correct.
D
Economics
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Which of the following gave the Federal Trade Commission and the U.S. Justice Department the responsibility to enforce antitrust laws?
A. The Sherman Act B. The Wheeler-Lea Act C. The Clayton Act D. The Federal Trade Commission Act
Economics
A competitive employer should hire additional labor as long as
A. the MRP exceeds the wage rate. B. average product exceeds MP. C. the wage rate is less than MP. D. MC exceeds MR.
Economics