Check collection and clearing happen
A) at the bank where the check was written.
B) only at private clearing centers.
C) at the Fed and at private clearing centers.
D) only at the Fed.
C
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Which of the following describe the benefits and costs of the Clean Air Act from 1970 to 1990?
a. benefits: $22 trillion; costs: 44 times greater than benefits b. benefits: $500 trillion; costs: $22 trillion c. benefits: $22 trillion; costs: $500 billion d. benefits: 44 times less than costs; costs: $500 billion
Bank C promises to pay a compound annual interest rate of 6 percent, while Bank S pays a 10 percent simple annual interest rate on deposits. If you deposit $1,000 in each bank, after 10 years, your deposit in Bank C equals ________, while your deposit in Bank S equals ________.
A. $1,791; $2,000 B. $1,600; $2,594 C. $1,600; $2,000 D. $1,060; $1,100
Which of the following is a real quantity?
A. The cost of a new car B. The current price of a barrel of oil C. The number of tons of steel produced in 2005 D. The current wages paid to factory workers
Membership in the Group of Seven consists of both developed and developing countries.
Answer the following statement true (T) or false (F)