Refer to the above table. Nation "A" has a balance of trade
A) deficit of 50.
B) surplus of 50.
C) deficit of 10.
D) surplus of 10.
A
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Explain the money multiplier and give two examples showing how much money could be generated from a single deposit. For each example, be sure to include the initial deposit amount, the reserve requirement ratio, the excess reserve amount, the money multiplier, and the potential total amount of money generated, rounding to the nearest tenth at each step.
What will be an ideal response?
A business is most likely to be characterized as a corporation if:
A. each owner is liable only to the extent of his or her own investment. B. it is legally treated as a person and owned by stockholders who are liable for the actions of the corporate "person" regardless of their investment. C. it has two or more owners, with each owner liable for every other owner's actions. D. it has only one owner.
A means tested government program is one that:
A. is pilot tested to see if it works. B. provides assistance to those below a certain income level. C. is temporary and ends after a short period of time. D. All of these
The goal of advertising is to
A) pay for public broadcasting. B) differentiate a firm's product. C) overwhelm the buyer so they buy a firm's product. D) minimize cost curves for the firm.