_____ is when the total amount of taxes collected as a result of a tax reform is unchanged

If the minimum wage is set above the equilibrium wage, a supply and demand diagram of the low-skilled labor market will show unemployment as

A) a vertical distance. B) a horizontal distance. C) the area of a rectangle. D) the area of a triangle.

Discount policy affects the money supply by affecting the volume of ________ and the ________

A) excess reserves; monetary base B) borrowed reserves; monetary base C) excess reserves; money multiplier D) borrowed reserves; money multiplier