Demand deposits multiplied by the required reserve ratio equal the amount of reserves
A. the Federal Reserve is required to hold.
B. business firms are required to hold.
C. a bank is required to hold.
D. foreign investors are required to hold.
C. a bank is required to hold.
Economics
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Interest is the payment for the use of funds used to produce capital
a. True b. False Indicate whether the statement is true or false
Economics
When the U.S. real exchange rate appreciates, U.S. goods become
a. more attractive to consumers in the U.S. and abroad. b. more attractive to consumers in the U.S. and less attractive to consumers abroad. c. less attractive to consumers in the U.S. and abroad. d. less attractive to consumers in the U.S. and more attractive to consumers abroad.
Economics