Answer the following question based on the information given below: Deposits at the central bank = 400 U.S. Government Securities = 600 Checking Deposit = 1,700 Loans = 800 Stockholder's Equity = 70 Other Assets = 450 Other Liabilities = 380 Borrowing from the central bank = 250 Cash in the Vault = 150 If the reserve requirement is 10%, the level of excess reserves equals:
a. 495
b. 310
c. 550
d. 380
e. Cannot be determined with this information.
.D
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Refer to the scenario above. Rebecca should place a bid of ________
A) $40,500 B) $45,000 C) $50,000 D) $55,000
In macroeconomics, which of the following topics would most likely be studied?
A. Bob's budget B. Nike's costs of production C. The growth rate of the oil industry D. Unemployment in Mexico.
Underemployment occurs when: a. a firm hires fewer than the required number of workers, to save costs
b. a firm hires workers who do not possess the required skills that the job demands. c. a worker is over qualified and possesses more skills than what his job demands. d. a firm hires more than the required number of workers.
A dividend is
a. a payment to the corporation's bondholders b. the same as the profit of the corporation c. a payment of a portion of the corporation's profits to the shareholders d. guaranteed if one has common stock e. the payment to each partner in a partnership form of business