Suppose a credit union has checkable deposits of $500,000 and the legal reserve ratio is 10 percent. If the institution has excess reserves of $4,000, then its actual reserves are:
A. $46,000.
B. $50,000.
C. $54,000.
D. $4,000.
C. $54,000.
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You are an analyst with a perfectly competitive firm that makes DRAM memory chips. You must manufacture the chips before you know what the demand will be. Based on the below figure, if the demand is high with an 80% probability and low with a 20% probability, the expected marginal revenue for a chip is ________.
A) $2.00
B) $2.60
C) $2.40
D) $1.40
In a study of banking by asset size over time, we can find which asset sizes are tending to become more prominent. The size that is becoming more predominant is presumed to be least cost. This is called:
a. regression to the mean analysis. b. breakeven analysis. c. survivorship analysis. d. engineering cost analysis. e. a Willie Sutton analysis.
Price supports can help farmers to better compete internationally
Indicate whether the statement is true or false
According to the textbook application
a. drinking water aboard commercial aircraft is completely unregulated b. aircraft drinking water supplies are controlled jointly by the Food and Drug Administration (FDA) and the Federal Aviation Administration (FAA) c. random testing of aircraft drinking water in 2004 indicated that no harmful contaminants were present d. none of the above