Assuming all excess reserves are loaned out, if the reserve ratio is 40 percent, the money multiplier will be equal to

The region of the U.S. with the highest poverty rate is the Midwest

Indicate whether the statement is true or false

The United States' balance of payments is likely to improve when

A. there is an increase in political instability in other countries. B. American people want to invest more in foreign countries. C. the American government increases its spending on foreign aid. D. the inflation rate in the United States rises relative to other countries.