The above table gives assets and deposits for a (small) bank. The bank's deposits that are part of M1 are equal to
A) $3,100. B) $3,130. C) $1,600. D) $600. E) $30.
D
Economics
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Accounting profits are total revenues minus
A) all relevant opportunity costs. B) explicit and implicit costs. C) explicit costs and all other relevant opportunity costs. D) explicit costs.
Economics
Which of the following is a reason behind income being considered a tax base? a. It is earned
b. It is subsidized. c. It is taxed. d. It is used to buy goods and services.
Economics
Suppose a market has the demand function Qd=20-0.5P. Using the midpoint method, what is the price elasticity of demand between $30 and $40?
Economics
Productive efficiency refers to long-run market conditions where marginal cost is equal to marginal revenue.
Answer the following statement true (T) or false (F)
Economics