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Solve it correctly please. I ll rate with multiple votes. TYPED answer only. Explain well. Question 43 There is $5,000,000 of currency in Econland, all
Solve it correctly please. I ll rate with multiple votes. TYPED answer only. Explain well.
Question 43 There is $5,000,000 of currency in Econland, all held by banks as reserves. The public does not hold any currency. If the Not yet banks' desired reserve/deposit ratio is 0.25, then the money supply equals: answered Marked out of O a. $20,000,000 1.00 O b. $6,250,000 Flag question O c. $10,000,000 O d. $5,000,000 Question 44 In Econland population and average labor productivity are constant. If a larger proportion of the population becomes Not yet employed workers, then total output will and output per person will answered Marked out of O a. decrease; remain constant 1.00 O b. decrease; decrease Flag question O c. remain constant; remain constant O d. increase; increase Question 45 Barter is: Not yet answered O a. a means of channeling funds from savers to borrowers with productive investment opportunities. Marked out of 1.00 O b. the extension of credit to borrowers using funds raised from savers. Flag O c. the direct trade of goods and services for other goods and services. question O d. an equity claim to ownership. 16Step by Step Solution
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