18. Assets of the commercial banking system include: A. reserves and loans B. deposits. C. reserves and deposits D. loans and deposits. 19. Household saving in the U.S.: A. is low relative to previous periods, but approximately equal to the rate in other countries. B. is low relative to other countries, but has increased during the 1990s. C. had decreased since the 1960s, but, because the economy was so strong during the 1990s, has recently increased D. is low relative to other countries and has declined since the 1960s. 20. A measure of the average price of a given class of goods or services relative to the price of the same goods and services in a base year is called a: A. real price. B. real quantity C. rate of inflation. D. price index.
