True or False.  Bank runs involve borrowers running to the bank to pay their loans.

Suppose Bank of America has checkable deposits of $5,000,000 and a reserve requirement of 10%.  How much are they required to hold on reserve?

True or False. Public policies to assist the unemployed as it relates to the supply side of the labor market affect how eager people are to find work

A decline in real GDP for at least two consecutive quarters is referred to as:

Purchasing groceries using a debit card best exemplifies money serving as a

True or False.  If banks are under financial stress, because of a widespread decline in the value of their assets loans may become more available impacting sectors of the economy.

True or False.  State and local government spending has remained relatively stable over the last four decades. 

Mark all that apply.  Bartering

True or False. Public policies to assist the unemployed as it relates to the supply side of the labor market affect how eager people are to find work

A decline in real GDP for at least two consecutive quarters is referred to as: