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Which of the following would not cause an increase in the supply of cotton? a An increase in the price of cotton. b Improvements in the art of producing cotton. c A decrease in the price of the machinery and tools employed in cotton production. d A decrease in the price of corn (alternate use of farm land).
During 2010, Raines Umbrella Corp. had sales of $750,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $610,000, $125,000, and $170,000, respectively. In addition, the company had an interest expense of $60,..
John has two job offers when he graduates from college. John views the offers as identical, except for the salary terms. The first offer is at a fixed annual salary of $50,000. The second offer is at a fixed salary of $20,000 plus a possible bonus of..
q.happy bank initiates with 200 in bank capital. after that it takes in 800 in deposits. it keeps 12.5 percent of 18th
Suppose that survey measures of consumer confidence indicate a wave of pessimism is sweeping the country. If policymakers do nothing, what will happen to aggregate demand? What should the Fed do if it wants to stabilize aggregate demand? If the Fed d..
Ceteris Paribus is latin for. An example of ordinal measure would be. Which slope(s) may a supply curve not have? The fact that as we consume more of good we enjoy each subsquent unit less (1st hot wing vs. hot wing) is an example of what theory?
what happens to gross debt as a percentage of GDP. Elucidate what happens to the level of debt held by the public as a percentage of GDP.
Discuss what UPS’s business customers are looking for when committing to work with UPS?. How does UPS’s marketing and sales to business customers differ from working with its residential consumers? Discuss how the UPS story relates to the major conce..
If the total deposits of the banking system are $400 billion, how much money could these reserves support if the required reserve ratio is 0.20, banks hold no excess reserves.
Assume that a local bank sells two services-- checking accounts and ATM card services. Mr. Done that is willing to pay $8 a month for the bank to service his checking account, and $10 a month for unlimited use of his ATM card. If the bank is unable t..
A rise in the price level that leads to a change in the interest rate, and therefore to a change in the quantity of aggregate demand, will cause:
A company earns an annual profit of $50 million. There are 100 million share of stock outstanding. People expect a 9% return on stock. What is a share of stock in this company worth?
Elucidate Congress is considering reinstating a 10% investment tax credit in order to stimulate the economy.
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