Suppose Carly Fiorina deposits $15 million cash from her safe deposit box into her checking account at PNC Bank. If the required reserve ratio is 10%, what is the maximum change in the money supply?

How do liberals believe globalization affects poor countries?

a. makes them wealthier and more able to provide services b. prevents them from playing a role in the financial system c. leaves them at the mercy of powerful neighboring countries d. robs them of all their natural resources

The demand for one money is the supply of another money

Indicate whether the statement is true or false