Deposits are examples of a bank's:
A. assets.
B. liabilities.
C. net worth.
D. balance sheet.
Answer: B
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Pointy Stone State Park is the sole employer of naturalists in the area. The table above provides information about the supply of naturalists and the value of marginal product of labor for naturalists
On the last naturalist hired, Pointy Stone State Park will earn a profit of A) zero. B) $100 per week. C) $150 per week. D) $200 per week.
The PPF determines
A) all possible outcomes for a given wage. B) the set of feasible outcomes. C) given leisure, how much consumption a household wants. D) the share of consumption in output.
To "cure" their balance of payments deficits without altering exchange rates, Southeast Asian countries in 1997 were forced to create
a. more inflation. b. recessions. c. faster economic growth. d. money at an accelerated rate.
If productivity increases by 2 percent but wages increase by 3 percent, then it is most likely that the:
A. short-run aggregate supply curve will shift down (to the right). B. short-run aggregate supply curve will shift up (to the left). C. aggregate demand curve will shift left. D. short-run aggregate supply curve will not shift.