The steps to set up a new service company in QuickBooks with no employees are:
a. Easy Step Interview > Customer List > Vendor List > Item List
b. Setup Chart of Accounts > Easy Step Interview > Customer List > Vendor List > Item List
c. Easy Step Interview > Customize Chart of Accounts > Customer List > Vendor List > Item List
d. Easy Step Interview > Customer List > Vendor List > Item List > Customize Chart of Accounts
c. Easy Step Interview > Customize Chart of Accounts > Customer List > Vendor List > Item List
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A warranty is an example of ________
A) sniping B) signaling C) a price floor D) a price ceiling
Explain how the production possibilities frontier illustrates scarcity
What will be an ideal response?
Lucas argues that when policies change, expectations will change thereby
A) changing the relationships in econometric models. B) causing the government to abandon its discretionary stance. C) forcing the Fed to keep its deliberations secret. D) making it easier to predict the effects of policy changes.
Which of the following constitutes a currency drain from the banking system?
a. Purchase of government securities b. New demand deposits c. Banks lending out all excess reserves d. A banking panic that leads to large withdrawals from banks e. Lower required reserve holdings