Chief executive officers (CEOs) of large American corporations:
A. have higher average salaries than CEOs of similar-size firms in other industrial nations.
B. have similar salaries, on average, to CEOs of similar-size firms in other industrial nations.
C. are, on average, older than CEOs of similar-size firms in other industrial nations.
D. are, on average, younger than CEOs of similar-size firms in other industrial nations.
Answer: A
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Most movie theatres charge different prices to different groups of customers for movie admission but not on movie popcorn. Which of the following is a reason for this?
A) because the markup on movie popcorn is very high and movie theatres do not want to forgo this source of revenue B) because it is easier to limit resale in movie admissions but not in popcorn C) because the cost of operating a concession stand in a movie theatre is very high compared to the cost of showing a movie D) because the demand for popcorn is very high relative to the demand for movie admissions
A budget deficit is the:
A. amount of money a government spends beyond the net revenue it brings in. B. amount of net revenue a government brings in beyond what it spends. C. total amount of money that a government owes. D. total amount of money that a government spends for discretionary policies.
Answer the question based on the following information on the banking system. Deposits at the central bank = 200 U.S. Government Securities = 600 Checking Deposit = 1,700 Loans = 800 Stockholder's Equity = 70 Other Assets = 450 Other Liabilities = 230 Borrowing from the central bank = 100 Cash in the Vault = 50 The reserve ratio on checking accounts = 10% The monetary base:
a. cannot be determined from this information b. equals $250 c. equals $134 d. equals $2,100 e. none of the above