If a goldsmith has 200 gold coins in his safe and there are 400 receipts in circulation, how much is his reserve ratio?
Fill in the blank(s) with the appropriate word(s).
50%
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Game theory is most useful for determining the outcome when ________
A) the market structure is oligopoly B) monopolistic competition exists C) prison terms are involved D) the market is dominated by a monopoly
The Earned Income Tax Credit (EITC)
A. provides more income to those people on welfare. B. is a tax on low income workers. C. provides additional tax credits to low income workers. D. is a tax break for the wealthiest Americans.
A chain-weighted index recognizes the fact that the composition of output changes over time
a. True b. False Indicate whether the statement is true or false
Stock prices rise when abnormal profit expectations rise
Indicate whether the statement is true or false