In 2009, the United States balance of trade deficit with China was about 4 times as large as the balance of trade deficit with Canada

a. True
b. False

A

Economics

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A decrease in the price of a complement in production leads to

A) no change in the supply of the good in question. B) an increase in the supply of the good in question. C) a decrease in the supply of the good in question. D) a decrease in the quantity supplied of the good in question. E) an increase in the supply of the good in question and a decrease in the quantity supplied of the good in question.

Economics

The table above shows the balance sheet for Ralph's Bank. If the desired reserve ratio is 15 percent, Ralph's Bank has excess reserves of ________

A) $50 B) $500 C) $450 D) $2,500

Economics