A company that can build a project that will cost $50,000, but returns $52,000 in one year would make a good decision by turning this project down if the interest rate were 3 percent

The figure illustrates the market for haircuts. Curve A is the ________ curve, and curve B is the ________ curve

A) marginal social cost; marginal social benefit B) total social cost; total social benefit C) opportunity cost; opportunity benefit D) marginal social benefit; marginal social cost

If the reserve requirement were cut in half, the banking system’s ability to extend loans would be

a. increased by 50 percent. b. reduced by 100 percent. c. increased by 25 percent. d. nearly doubled.