Supply of money by a maximum
Suppose a commercial banking system has $240,000 of outstanding checkable deposits and actual reserves of $85,000. If the reserve ratio is 25 percent, the banking system can expand the supply of money by a maximum of:
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The market value of Gannon's common stock was $24 per share at December 31, 2010, and $25 per share at December 31, 2011. The cost method is used to record treasury stock transactions. What account(s) should
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Luther Inc., has 2,000 shares of 6%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2011, and December 31, 2010. The board of directors declared and paid a $5,000 dividend in 2
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Find the utility maximizing combination of apples and oranges if oranges cost $4 each. Explain why the consumer didn't choose the bundle of 3 apples and 4 oranges.
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All of the following are regulatory commissions dealing with industrial regulation (as distinct from social regulation) except the:
With the doubling of exports to $3 billion, the U.S. trade balance will turn from the deficit to a surplus of $1 billion (= $3 billion - $1.95 billion) by 2015. "What could the U.S. government do to achieve the goal of doubling exports?
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