McDonald's identifies the hidden characteristics of its potential franchisees by engaging in a significant application process in which financial resources must be substantiated
Indicate whether the statement is true or false
true
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When a bank has excess reserves
A) it can create money. B) it can make loans. C) it has too many loans. D) Both answers A and B are correct.
According to the above figure, equilibrium is at point
A. C. B. D. C. E. D. B.
If you expect a general price increase of 5% this year and the price of the hamburgers you sell increases by 10%, you would conclude that the relative price of your good has
A) declined, and you would increase your output. B) declined, and you would decrease your output. C) increased, and you would increase your output. D) increased, and you would decrease your output.
The rules for joining the Eurozone specified monetary economic conditions that the potential entrants had to achieve for admission. The convergence criteria of the ECB were:
A) moderate inflation, low unemployment, and adequate foreign currency reserves. B) no national debt and no current account deficits within the past five years. C) inflation rates roughly matching the lowest in the Eurozone, stable exchange rate peg for two years, and equivalent long-term interest rates. D) a stable political situation, high GDP growth rate, and moderate unemployment