Many _________ businesses raise _________ of their capital through debt.
a. small; most
b. small; none
c. large; most
d. large; none
a. small; most
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The unemployment rate for blacks is generally ___ the unemployment rate experienced by whites.
Fill in the blank(s) with the appropriate word(s).
An 18 percent increase in the price of small cars results in a 10 percent expansion in the quantity supplied. The supply elasticity in this range equals ________
A) 9/5 B) 5/9 C) 7/10 D) 4/10
If the required reserve ratio is 10 percent and a bank receives a deposit of $1,000, how much may the bank loan out?
A. $100 B. $200 C. $900 D. $300
Referring to Figure 1.9, if a point is attainable, it is inĀ
A. AREA #2 but not on the curve. B. AREA #1 or is on the curve. C. AREA #1 but not on the curve. D. AREA #2 or is on the curve.