In situations where businesses discriminate in response to the preferences of consumers, discrimination:
A. is consistent with efficient markets.
B. will be eliminated by the market.
C. will not persist even though it's what the customers want.
D. is not consistent with efficient markets.
A. is consistent with efficient markets.
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A futures contract is an agreement to buy a commodity at a specific future date, at a price set today.
Answer the following statement true (T) or false (F)
If you deposit $20,000 in cash into a demand deposit account at a bank that faces an 18 percent required reserve ratio the result will be:
a. the bank will add $3,600 to its excess reserves. b. the bank will add $16,400 to its excess reserves. c. the bank will add $16,400 to its total reserves. d. the bank will add $20,000 to its excess reserves.
Suppose the required reserve ratio is 10%. If a bank has total reserves of $80,000 and checkable deposits of $550,000, what is the amount of the bank's excess reserves?
A) $25,000 B) $55,000 C) $80,000 D) $250,000
What is the real GDP after four years if Country A's average annual growth rate is 8.6 percent and the initial real GDP was $2,756.0 million?
A. $3,833.5 million B. $3,250.4 million C. $2,993.0 million D. $1,077.5 million