If you go into a bank which faces a 10% required reserve ratio and borrow $1,000, the bank will ____ your checking account at the bank
a. add $1,000 to
b. subtract $1,000 from
c. add $5,000 to
d. subtract $5,000 from
a
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Which of the following is true of tariffs?
A) Tariffs are special taxes levied on imports. B) Tariffs reduce the volume of exports. C) Tariffs decrease the prices of imports. D) Tariffs encourage international trade.
A ________ yield curve predicts a future increase in inflation
A) steeply upward sloping B) slight upward sloping C) flat D) downward sloping
If an expansion proposal is accepted, allowing an otherwise idle (and useless) machine with a market value and book value of $2,000 to be utilized, should it be recorded as a cash outflow, and if so, how much?
What will be an ideal response?
If a nonbinding price ceiling is imposed on a market, then the
a. quantity sold in the market will decrease. b. quantity sold in the market will stay the same. c. price in the market will increase. d. price in the market will decrease.