The above table gives assets and deposits for a (small) bank. The bank's reserves are equal to

A) $20.
B) $30.
C) $600.
D) $630.
E) $620.

B

Economics

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A foreign exchange intervention with an offsetting open market operation that leaves the monetary base unchanged is called

A) an unsterilized foreign exchange intervention. B) a sterilized foreign exchange intervention. C) an exchange rate feedback rule. D) a money neutral foreign exchange intervention.

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The International Space Station is a joint project of the United States, Russia, Japan, Canada and the European Union. This suggests that _____

a. if the space station is a public good then the optimal size of the sharing group is larger than one country b. each country would have been unable to raise the money to pay for the space station on their own c. there are significant negative externalities involved that should be spread over more individuals d. Australians do not value space exploration

Economics