Economic capital refers to:
What will be an ideal response?
buildings, machinery, and equipment
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From the last five recessions, the mildest two were
A) 1975 and 2008-09 recessions. B) 1981-82 and 2008-09 recessions. C) 1990-91 and 2001 recessions. D) 1975 and 2001 recessions.
An imaginary situation in which people have no knowledge of what their place in society is to be is?
A. first position B. start position C. original position D. pole position
Assume that Paris First National Bank is a thriving bank with deposits of $20 million. If the required reserve ratio is 20 percent and the bank is fully loaned out, the bank will keep what amount of required reserves?
a. $2 million. b. $4 million. c. $10 million. d. $16 million. e. $20 million.
Suppose Bill receives a consumer surplus of $3 on his purchase of a pizza, for which he paid $9. The price Bill was willing and able to pay is
a. $15 b. $12 c. $9 d. $6