Using prices from 2012, GDP grew 10 percent between 2012 and 2013; using prices from 2013, GDP grew 8 percent between 2012 and 2013
For its link back to the base year, the BEA will use ________ percent as the growth in real GDP between 2012 and 2013.
A) 10 B) 2 C) 18 D) 9 E) 8
D
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What is an inside director?
A) a movie director who also appears in the movie B) the CEO that is selected by the corporation's board of directors C) a board of director chair who has been in the job for at least three years D) a member of a corporate board of directors that is also a manager of the business
Substantial co-payments are typically not required as a part of the health care system in
A) the United States and Japan. B) Japan and Canada. C) Canada and the United Kingdom. D) Japan and the United Kingdom.
A bank's assets consist of $500,000 in total reserves, $1,600,000 in loans, and a building worth $1,200,000 . Its liabilities and capital consist of $2,000,000 in demand deposits and $1,300,000 in capital. If the required reserve ratio is 30 percent, what is the level of the bank's excess reserves? How much money could the excess reserves be used to create in the banking system as a result?
a. zero; zero b. $50,000; $50,000 c. $50,000; $500,000 d. The bank has insufficient reserves to meet its reserve requirements.
One of the primary functions of markets could be labeled
a. stimulation. b. coordination. c. planification. d. decentralization.