The first deposit that apex savings bank received was $15,300. if the reserve rate at the time was 3.5%, how much of the deposit was apex savings bank required to keep on reserve? how much was it free to loan out?

How can businesses addressing unemployment?

If a war destroys a large portion of a country's capital stock but the saving rate is unchanged, the Solow model predicts that output will grow and that the new steady-state will approach: A) a higher level of output per person than before.

What are consequences of rapid inflation? (Select all that apply.) Savings accounts become less desirable because interest earned is lower than inflation Individual purchasing power increases, which results in an increase in demand.

The records of Garden Company indicate sales of $900,000, cost of goods sold of $500,000, an ending inventory balance of $100,000, and estimated returns of 1% of sales. The adjusting journal entries to record estimated returns will include a

What is the purpose of a trial balance?

Advanced Printing Systems is a firm in a monopolistically competitive market. If its marginal cost is $18 per unit in the short run, if it is maximizing profits, and if it is selling at the equilibrium quantity, what is its marginal revenue?

Consider a simple economy that produces two goods: pens and oranges. The following table shows the prices and quantities of the goods over a three-year period.

Which of these would be a result of inflation? A business reports a loss for a tax year. A CEO pays less in taxes than five years ago. A company scales back production. A company increases production as a result of growing demand.

Which of the following would be the best example of a total institution? a. a mental hospital b. a private university c. a parochial school d. a baseball team

What is an over-zealous speaker?