In the above figure, household income is shown by flow
A) A.
B) B.
C) C.
D) F.
A
You might also like to view...
The idea that contact with others with high levels of human capital increases ones own human capital is called human capital
A) contagion. B) externality. C) transference. D) convergence.
In profit centers
a. Managers are difficult to evaluate because there is no simple metric of how well they performed b. Managers typically have the necessary information to run their division efficiently c. Managers' decisions rarely affect other divisions d. Managers typically do not have the incentives to run their division efficiently
A change in government spending can close an expansionary gap by shifting the short-run aggregate supply curve
a. True b. False Indicate whether the statement is true or false
Answer the next question on the basis of the following consolidated balance sheet for the commercial banking system. Assume the required reserve ratio is 30 percent. All figures are in billions.AssetsLiabilities & Net WorthReserves$51 Checkable Deposits$140Loans109 Stock Shares130Securities100 Property10?Refer to the above data. The maximum amount by which the commercial banking system can expand the supply of money by lending is:
A. $23.1 billion. B. $27 billion. C. $15 billion. D. $30 billion.