If there is a(n) __________ in reserves, the potential change in demand deposits is __________

A) deficiency; 0
B) deficiency; positive
C) deficiency; negative
D) excess; negative

C

Economics

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Which of the following will tend to occur if price controls are imposed on a product?

a. persistent shortages b. illegal markets c. illicit channels of distribution d. industry investment slows or stops e. All of the above are correct.

Economics

Candidate A says, "Health care is too expensive in the United States. We need to do something-and quickly-to develop a better, more responsive, less expensive health care system." Candidate B, who is running against candidate A in a two-person race, says, "Health care is too expensive in the United States. We need to do something about it and quickly. I suggest that we have the federal government

develop a centralized system for delivering health care in this country." If you know nothing else about the two candidates, it follows that A) candidate A has taken polls and candidate B has not. B) candidate B has taken polls and candidate A has not. C) candidate B is smarter than candidate A. D) candidate B has a higher probability of winning the election than candidate A. E) candidate A has a higher probability of winning the election than candidate B.

Economics