A new loan results in an increase in the customer's checking account and the bank's demand deposits
a. true
b. false
Answer: a. true
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Refer to Figure 4.5. If all 10 students choose Solid, each student will earn ________ extra points
A) 0 B) 2 C) 4 D) 6
Describe the role of the President in the budgetary process prior to 1921 and the President's role in the budgetary process after 1921 . Explain why this change in process might have made sense
What will be an ideal response?
National income is the sum of:
a. personal income and personal tax payments. b. proprietors' income, rental income, compensation of employees, corporate profits, and interest receipts, net of indirect business taxes and the capital consumption allowance. c. wages, transfer payments, interest paid to businesses, and tax revenue. d. NNP and the capital consumption allowance. e. consumption, investment, government spending, and net exports.
If you could pay for a product according to the marginal utility that you gain from additional consumption, then as you consume more of a product the price you pay would
A. remain the same. B. be deferred. C. decline. D. increase.