Bank A has $25,500 in required reserves. The required reserve ratio is 10 percent. Bank A has checkable deposits of
A) $2,550.
B) $255,000.
C) $2,550,000.
D) $25,500.
B
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Which of the following would be a legitimate government activity in the U.S. economy?
A. The regulation of water pollution. B. The enactment of antitrust laws to protect consumers. C. Enforcing child labor laws. D. All of the choices are correct.
Exhibit 10-1Use the information in the accompanying chart to answer the following question(s). The firm hires labor competitively and sells its product in a competitive price-taker market. Units of Labor Total Output Product (per day) (dollars) Price 1 15 6 2 30 6 3 40 6 4 48 6 5 54 6 6 59 6 7 62 6 Refer to Exhibit 11-1. If the market wage rate is $25 per day, how many workers should the firm hire if it wants to maximize profits?
A. 4. B. 5. C. 6. D. 7.
How is consumer sovereignty at work at McDonald? Give an example of a hit and a miss
Please provide the best answer for the statement.
Which of the following help to correct for the market failure of imperfect information?
A. medical licensing B. truth-in-advertising regulations C. used car warranties D. All of the above are correct.