If a bank receiving a new deposit of $300,000 would be able, as a result, to increase their lending by at most $225,000, then the reserve requirement equals:
a. 50%.
b. ?25%.
c. ?40%.
d. 75%.
b) 25%
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Income tax reports in QuickBooks include all of the following except:
a. Income Tax Preparation report b. Income Tax Detail report c. Income Tax Summary report d. Income Tax Mapping report
Excise taxes are
A. really income taxes in disguise. B. profits taxes on major corporations. C. per-unit taxes on specific goods. D. percentage taxes on sales revenues.
When Apple put together a set of mobile apps with its iPhone, it was practicing
A) a loss leader. B) tie-in sales. C) bundling. D) compacting.
Which of the following statements is most accurate about the prospects for poorer ("follower") countries catching up with richer ("leader") countries?
A. Catching up is unlikely to occur because their growth rates are the same on average. B. Catching up is unlikely to occur because richer countries tend to grow at a faster rate. C. Catching up is possible, but only if growth rates in leader countries fall to zero or become negative. D. Catching up is possible as "follower countries" tend to grow faster than "leader countries."