What appears on the asset side of a bank's balance sheet?
A. excess reserves
B. loans.
C. required reserves.
D. all of the above
excess reserves, loans, required reserves
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A group of producers that agree to coordinate their production is called a
A) cartel. B) monopoly. C) free market competition. D) vertical merger.
Economists assume that business firms attempt to maximize their profits
a. True b. False Indicate whether the statement is true or false
Mark can produce 24 footballs or 48 basketballs in 8 hours. Maria can produce 64 basketballs in 8 hours. In order for Maria to have a comparative advantage producing basketballs, the number of footballs she can produce in 8 hours has to be less than _____
Fill in the blank(s) with correct word
Assume that a government is considering a new social program and may choose to include in this program any number of four progressively larger projects. The marginal cost and the marginal benefit of each of the four projects is provided in the table.ProjectMarginal Cost ($B)Marginal Benefit ($B)A12B33C57D78Refer to the above table and information. What project should the government select to achieve the maximum net benefit?
A. A B. B C. C D. D