if commercial banks hold all their assets in the form of required reserves: a. only they will be able to create money. b. only the central bank will be able to create money. c. no one will be able to create money. d. both commercial banks and the central bank will be able to create money.

Six years ago, an 80-kw diesel electric set cost $160,000. the cost index for this class of equipment six years ago was 187 and is now 194. the cost-capacity factor is 0.6. the plant engineering staff is considering a 120-kw unit of the same general design to power a small isolated plant. assume we want to add a precompressor, which (when isolated and estimated separately) currently costs $13291. determine the total cost of the 120-kw unit. (hint: skip $ and comma symbols)