Based on the information in Table 17.2, the output ofcom and wheal would be greatest if oth countries prohibited trade. ountry B specialized in producing com and Country A specialized in producing wheal Country A specialized in producing com, and Country B specialized in producing wat. Country B produced both goods and exported them to Country A Suppose a bank has $50.000 in transactions accounts and a minimum reserve requirement 10 percent. Then required reserves are: $5,000 S50,000 S55,000 S500,000 Patricia's nominal annual income in 2009 was $60,000. If the rate of inflation is constant at 10 percent, in order to keep Patricia's real income constant, her nominal income in the year 2010 should be: 60,000. $54,000. 66,000 $70,000 If excess reserves are $50,000, demand deposits are $1,000,000, and the minimum reserve requirement is 5 percent, then total reserves are: 1,000,000 100,000 50,000 $2,500 The multiplier is equal to: MPC 1 MPS MPC. I MPS I MPC