If 10% is the annual rate, considering compounding, the monthly rate is:
A. 0.80%
B. 0.0833%
C. 0.833%
D. 1.0833%
Answer: A
Economics
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The higher are a firm's risk-corrected returns,
A) the lower are its labor costs. B) the higher are its opportunity costs. C) the more advantage it has in obtaining investor financing. D) the more difficulty it will have financing its expansion plans.
Economics
Imagine that Wingate National is a new bank, and that the legal reserve requirement is 10 percent. If it accepts a $1,000 deposit, then, before lending occurs, its excess reserve balance is
a. $0 b. $90 c. $100 d. $900 e. $910
Economics
Occurs whenever the quantity supplied is greater than the quantity demanded
What will be an ideal response?
Economics