Suppose all banks are subject to a uniform reserve requirement of 20 percent and that the union bank has no excess reserves. if a new customer deposits $50,000, the bank could extend new loans up to a maximum of

A group of senators from states that are large suppliers to the space program protest the decision by the federal government to end manned space flights. this group would be an illustration of

At December 31, 2018, the following information was available for Deen Company: ending inventory $22,600; beginning inventory $21,400; cost of goods sold $171,000; and sales revenue $430,000.

Jane is manager of the gbb project for her company. a vendor has offered her project a 10 percent discount if her company will order 100 units for the project. it's possible that the gbb project may need them, but their cost may be an issue.

A teacher has decided to take her fifth grade class to a play. The manager of the theater agreed to discount the regular $35 price of the ticket by $0.30 for each ticket sold.

What is the sky i mean you look at it every day what is it made out of?

Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $325,000, and its year-end receivables were $60,000. If its DSO is less than the 45-day credit period, then customers are paying on time.

A micro loan would mostly likely support which of the following projects? a. cattle farming b. textbooks for school c. handcrafts d. tobacco plantation

What are examples of withdrawals from the circular flow of income? Cheak all that apply.

Frisbee manufacturers persuade the government that Frisbee production improves scientists' understanding of aerodynamics and thus is important for national security. A concerned Congress votes to impose a price floor $2 above the equilibrium price.

Financial literacy is the knowledge about money and what you do with money. true false