Based on the information in the table, the total amount of bank deposits decreased from ________ to ________ over the course of 1932. Currency held by public (in billions)Reserve-deposit ratioBank reserves (in billions)Money supply (in billions)December 1931$4.590.095$3.11$37.3December 1932$4.820.109$3.18$34.0
A. $32.7 billion; $29.2 billion
B. $37.3 billion; $34.0 billion
C. $37.3 billion; $32.7 billion
D. $34.2 billion; $30.8 billion
Answer: A
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The average tariff rate imposed by the United States on imported goods
A) has generally increased over the past 60 years. B) has generally decreased over the past 60 years. C) peaked in 1990. D) peaked in 1980.
The price system features
A) exchanges made in currency only. B) voluntary exchange that makes both the consumer and producer better off. C) exchanges made only on a barter basis. D) an exchange in which consumer is made better off and the producer is made worse off.
The primary benefit of monetary exchange compared to barter exchange is: a. the possibility of tracking trade for tax purposes
b. increased time devoted to finding trade partners. c. increased time devoted to shopping for what we want. d. increased efficiency in arranging transactions.
Stock in Tasty Greens Restaurants is selling at $80 per share with 1 million shares outstanding. Last year, Tasty Greens earned $4 million, of which it retained $2.4 million for future investments. The dividend yield on the stock is
a. 8 percent. b. 2 percent. c. 3 percent. d. 5 percent.