Assume that the ratio of excess reserves to demand deposits is 0, and the ratio of currency to demand deposits is .2. If the reserve requirement on demand deposits is .3 and there is no reserve requirement on savings accounts, the M1 multiplier is

Based on the information in the above table, what is the unemployment rate? What is the labor force participation rate?

What will be an ideal response?

If a consumer is maximizing utility and then the price of Good A increases: a. the marginal utility from the consumption of Good A will fall

b. the marginal utility from the consumption of Good A will remain unchanged. c. the marginal utility per dollar spent on Good A will decrease. d. consumption of Good A will increase.