Use the formula below to estimate the total change in the money supply. Change in money supply = 1/Reserve Requirement $\times$ Change in reserves at first bank. What is the change in the money supply for an initial deposit of $1,000 if the reserve requirement is 5 percent (.05)?

Arguments have been advanced for trade restrictions. List and explain the arguments in favor of trade restrictions. Then explain the criticism of each argument. Argument: ______, Explanation: ________ Criticium: __________.

Explain what will happen to the money multiplier process if there is an increase in the reserve requirement?

What is Ben Bernanke saying about the role of the Fed during the Great Recession?

Which of the following Fed actions would both decrease the money supply?

A. Buy bonds and raise the reserve requirement

B. Buy bonds and lower the reserve requirement

C. Sell bonds and raise the reserve requirement

D. Sell bonds and lower the reserve requirement

What is the theory of liquidity preference? How does it help explain the downward slope of the aggregatedemand curve?

What actions did the Fed take in response to the recession of 2001?

What was the passive fiscal policy that helped stabilize the economy during the Great Recession? Give an example.

Write the formulas of the following common household chemicals: (a) sodium hypochlorite (the active ingredient bleach) (b) hydrogen peroxide (used medicinally in dilute solutions) (c) potassium hydroxide (found in some drain cleaners) (d) acetic acid (the active ingredient in vinegar)

What did President Taft’s foreign policy emphasize?

Use an inverse matrix to solve each system of equations, if possible.

$$\begin{aligned} &3 x-6 y=9\\ &-5 x-8 y=-6 \end{aligned}$$

What two policies were used by the Fed in the Great Recession? Explain what the Fed does in implementing these two policies.

Determine the orientation of each parabola. vertex (-5, 1), focus (-5, 3)

(a) How long does it take for an investment to double in value if it is invested at 8% compounded monthly?

(b) How long does it take if the interest is compounded continuously?