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Question
The number by which a change in the monetary base is multiplied to find the resulting change in the quantity of money is called theA) desired reserve ratio.
B) money multiplier.
C) currency multiplier.
D) currency drain.
E) open market operation.
Answer
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Related questions
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Scarcity results from the fact that
A) people's wants exceed the resources available to satisfy them.
B) not all goals are desirable.
C) we cannot answer the major economic questions.
D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
Q:
Why does scarcity lead to the what, how, and for whom questions?
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Choices that are best for the society as a whole are choices in pursuit of
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The figure above shows the relationship between the journey length and the cost of trip per mile. The curve becomes flatter because as the journey length increases,A) the fall in the cost per mile becomes smaller.B) the fall in the cost per mile becomes greater.C) the cost per mile decreases.D) the cost per mile increases.E) the cost per mile remains unchanged.
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Which of the following scenarios describes an action that is NOT rational from an economic point of view?
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B) Eric buys a replacement ticket to the basketball game after he realizes that he accidentally left his original ticket at home.
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When you make the decision to spend your time attending class, which economic question are you answering?
A) What?
B) How?
C) For whom?
D) Why?
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Q:
Which of the following is a topic studied in macroeconomics?
A) the pricing decisions in the computer hardware industry
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Q:
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Q:
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Q:
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Q:
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Q:
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B) negatively sloped.
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Q:
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B) y-axis divided by the change in the variable measured along the x-axis.
C) x-axis minus the change in the variable measured along the y-axis.
D) x-axis multiplied by the change in the variable measured along the y-axis.
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Q:
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Q:
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In the above figure, a negative relationship between x and y is shown in FigureA) A.B) B.C) C.D) D.E) B and Figure C.
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In the above figure, as the y variable increases,A) the x variable is constant.B) the x variable increases.C) the x variable decreases.D) the x variable at first increases but then decreases.E) the x variable probably changes, but more information is needed to determine if it increases, decreases, or stays the same.
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Q:
An independent relationship between two variables is shown in a graph by
A) an upward-sloping line.
B) a horizontal or a vertical line.
C) a downward-sloping line.
D) a steeply sloped line.
E) any straight line curve.