If the interest rate increases, the
A) money demand curve will shift to the left.
B) quantity of money demanded will remain unchanged.
C) quantity of money demanded will fall.
D) money demand curve will shift to the right.
C
Economics
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The required reserve ratio is 20 percent and banks have no excess reserves. Katie deposits $300 in her bank. What are the bank's excess reserves immediately after Katie makes her deposit?
A) $30 B) $90 C) $240 D) $60 E) $300
Economics
An appropriate fiscal policy response when aggregate demand is growing at a slower rate than aggregate supply is to cut taxes
Indicate whether the statement is true or false
Economics