The required reserves of a bank equal its ________ the required reserve ratio
A) loans divided by B) deposits divided by
C) deposits multiplied by D) loans multiplied by
C
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During 2013, a country's total purchases of newly produced capital goods are $1,000 billion, the country issues $750 billion of stock certificates, and there is $200 billion of depreciation. Net investment in this country equals
A) $550 billion. B) $1,000 billion. C) $1,550 billion. D) $1,750 billion. E) $800 billion.
Julie is in the 28 percent tax bracket. She earns an 8 percent rate of return after taxes on a tax-free municipal bond. What will the after-tax rate of return be on a taxable bond (with equal risk)?
A. 36 percent B. 28 percent C. 14 percent D. 8 percent
Beach resorts raise their prices during the summer months and yet more people book rooms at those times. Is this a violation of the law of demand?
When interest rates fall a bank's capital will usually:
A. increase. B. turn negative. C. not change. D. decrease.