Suppose the reserve requirement is 10%.

a. if the federal reserve decreases the reserve requirement, banks can lend out:

a. fewer reserves, thus decreasing the money multiplier and decreasing the money supply.
b. more reserves, thus increasing the money multiplier and increasing the money supply.
c. fewer reserves, thus increasing the money multiplier and increasing the money supply.
d. more reserves, thus decreasing the money multiplier and decreasing the money supply.

b. the federal reserve:

a. rarely changes the reserve requirement and does not use the reserve requirement as a major monetary policy tool.
b. needs permission from the president before making changes to the reserve requirement.
c. does not have the ability to change the reserve requirement since banks determine the amount of reserves to lend.
d. changes the reserve requirement frequently in order to make adjustments to the money supply.

For each example identify the most appropriate ctso

Susan is a 5th grade teacher and loves getting up every day and going to work to teach her students. this is an example of a. extrinsic value b. interests c. intrinsic value d. external value

John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76