The bank reserve equation is the
A) assets and liabilities of the entire banking system.
B) tally sheet for sources and uses of reserves.
C) M1 multiplier.
D) Federal Reserve's method of determining how many government securities to purchase.
B
You might also like to view...
One reason why nations trade is because
a. trading provides opportunities to earn profits. b. the rate of interest is not the same in all countries. c. resources are not equally distributed to all nations. d. some nations like to build one thing while others like to build another.
A monopolist will hire fewer workers than a perfectly competitive industry because
A. marginal revenue is greater than price for a monopoly while marginal revenue is equal to price for a competitive firm. B. to sell an additional unit of the good the competitive firm will keep the price the same while the monopolist must lower it on all units sold. C. the marginal product curve decreases as additional units of labor are hired for a monopoly but not for a competitive firm. D. there is a variety of employers in a competitive market and only one in a monopoly.