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

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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

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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