Biology Forums - Study Force

The short-run aggregate supply curve is:
 a. upward-sloping.
 b. downward-sloping.
  c. horizontal.
 d. vertical.

QUESTION 2

If a bank has 100,000 in checkable deposits, reserves of 20,000 . and no excess reserves, then the required reserve ratio is:
 a. 10 percent.
  b. 20 percent.
  c. 25 percent.
  d. 30 percent.
  e. 50 percent.

QUESTION 3

Which of the following is infrastructure?
 a. Highways. b. Bridges.
  c. Airports. d. All of these.

QUESTION 4

Which of the following causes a leftward shift in the short-run aggregate supply curve?
 a. An increase of goods prices while nominal incomes are unchanged.
 b. An increase in nominal incomes.
 c. An increase of full-employment real GDP.
 d. An increase of personal consumption expenditures while the price level is unchanged.
 e. An increase of personal consumption expenditures while full-employment real GDP is unchanged.

QUESTION 5

Which of the following would appear on the asset side of a commercial bank balance sheet?
 a. Loans.
  b. Checkable deposits.
  c. Savings deposits.
  d. Net worth.

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8-) Feeling super confident now, TY