"Within the Keynesian aggregate expenditure-output model, if an economy operates below full employment": a. the economy may remain below full employment unless aggregate expenditures increase. b. an increase in the real interest rate will soon restore full-employment equilibrium. c. a reduction in wage rates and resource prices will soon restore full-employment equilibrium. d. a reduction in the real interest rate will soon restore full-employment equilibrium.

At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.

When a market is in equilibrium, the buyers are those with the willingness to pay and the sellers are those with the costs.