A bank has $2 million in checkable deposits. In the bank's balance sheet, this would be an example of:
A. net worth.
B. an asset.
C. capital stock.
D. a liability.
Answer: D
Economics
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As capital deepening occurs, there will be increased real wages and economic growth
Indicate whether the statement is true or false
Economics
Refer to Figure 2-13. Which two arrows in the diagram depict the following transaction: Stanley purchases the novel, "Night of Sorrows" for his summer reading pleasure
A) J and M B) K and M C) K and G D) J and G
Economics
A person's earnings over a period of time is known as
A) money B) income C) wealth D) all of the above
Economics
A firm has an Actual margin of 0.60 and charges a price of $75. The firm’s marginal cost is:
? $25 B. $125. ? $45 D $30
Economics