Janet spends her entertainment budget on movies and basketball games. movie tickets cost $10 each and basketball game tickets cost $15 each. if janet saw one more movie (holding the number of basketball games constant), her total utility would increase by 28. on the other hand, if she attended one more basketball game (holding the number of movies constant), her utility would increase by 55. from this information we can conclude that janet : a. should attend fewer basketball games and see more movies. b. is attending the optimal combination of movies and basketball games. c. should see fewer movies and attend more basketball games. d. should see more movies and attend more basketball games.

Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.