About what percentage of bank assets is made up of cash items in 2012?
A) 8%
B) 20%
C) 37%
D) 50%
A
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If an individual has a comparative advantage in the production of a good, then this individual has the
A. greatest desire for the good. B. lowest opportunity cost in the production of the good. C. highest opportunity cost in the production of the good. D. same opportunity cost in the production of the good.
In the context of the environment, the type of transactions costs that includes covering all the costs associated with the bargaining process, such as fees for attorneys, negotiators, and accountants, are called
A) search costs. B) collectivization costs. C) negotiation costs. D) monitoring and enforcement costs.
Greater consumer confidence, wealth, available consumer credit, and disposable income ________ personal consumption expenditures
A) increase B) decrease C) have no effect on D) none of the above
Suppose that a tax of $2 per unit of output is imposed on red rubber ball producers. What level of output maximizes profit?
A) -1 B) 3 C) 4.5 D) 5 E) B, C, and D are correct.