Which of the following statements regarding member banks is true?
A) A majority of banks are part of the Federal Reserve System as well as a majority of bank deposits.
B) A minority of banks are part of the Federal Reserve System, but they have a majority of deposits.
C) A majority of banks are part of the Federal Reserve System, but they have a minority of deposits.
D) A minority of banks are part of the Federal Reserve System as well as a minority of deposits
B
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Roughly 160 million people in the United States hold jobs.
Answer the following statement true (T) or false (F)
Refer to the table below. Busy Betty sells her cakes for $20 each and her constant marginal cost to produce each cake is $12, which is equal to her (constant) average total cost. What is her expected marginal benefit from holding the 23rd cake in inventory?
The above table shows the probability distribution of cake sales at Busy Betty's Bakery.
A) $3.20
B) $8.00
C) $4.80
D) $8.20
Income per person in the United States is approximately ____ that of Sierra Leone, Malawi, and Niger, three of the world's poorest countries
a. the same as b. double c. ten times d. fifty times
An American computer is priced at $1,200. If the exchange rate between the U.S. dollar and the Mexican peso is $0.09 = 1 peso, approximately how many pesos would a Mexican buyer pay for the computer?
A) 13,333 pesos B) 108 pesos C) 133.50 pesos D) 15,075 pesos