A goldsmith has $2 million of gold in his vaults. He issues $5 million in gold receipts. His gold holdings are what fraction of the paper money (gold receipts) he has issued? LO33.1 a. 1/10. b. 1/5. c. 2/5. d. 5/5.

How can international trade agreements lead to economic growth? 1. by creating jobs in the export industries 2. by opening up new market for domestic goods 3. by facilitating culture exchanges between nations 4.

Peter pine is doing his budget. he discovers that he has spent an average of $225.00 a month on entertainment for the year with a standard deviation of $75.00.

Ronald has researched the costs of getting a loan and taking on credit. He finds it impossible to avoid getting charged for interest and decides that he should never take out a loan because it will cost him too much. Evaluate Ronald's decision.

Bretton, Inc., just paid a dividend of $3.05 on its stock. The growth rate in dividends is expected to be a constant 5 percent per year, indefinitely.

Suppose Toyota and Honda must decide whether to make a new breed of side-impact airbags standard equipment on all models. Side-impact airbags raise the price of each automobile by $1,000.

The world trade organization envolved from which of the following?

According to the law of diminishing marginal utility: A. you should never consume more of something if your marginal utility is decreasing. B.

Which is a result of frequent change request from client

If at some interest rate desired investment is $400 billion, desired private saving is $600 billion, and the budget deficit is $300 billion, is there a surplus or a shortage in the market for loanable funds?

Walkers World Company gathered the following information for 2019: Total sales revenue (65% on credit) $432,000 Cost of goods sold 231,000 Sales returns and allowances (on credit) 44,000 Accounts receivable at end of 2019 ($30,000 increase during