If the banking system has $50 billion in excess reserves and the reserve ratio is 25 percent, the system's potential deposit creation is:

a. $200 billion.

b. $150 billion.

c. $75 billion.

d. None of the above.

Urban Bloom, Inc.'s books show an ending cash balance of $18,000 before preparing the bank reconciliation.

Zoe buys three new lipsticks from a store at the mall. Which payment method would reduce the amount of money in her checking account?

European interest in the Middle East intensified after oil was discovered in the region. a. True b. False

Nori can be purchased from international suppliers in Korea and China and from local suppliers. A number of factors must be considered when choosing a supplier, and often concessions must be made.

Your opportunity cost of taking this course is: a. the net benefit of taking this course. b. the net benefit of the activity you would have chosen if you had not taken the course. c.

When the consumer price index rises, the typical family a. has to spend more dollars to maintain the same standard of living. b. can spend fewer dollars to maintain the same standard of living. c. finds that its standard of living is not affected. d.

A magazine subscription costs $45 per year at the beginning of each year, or $115 now for a three-year subscription. If the subscriber elects to pay the $115 now, the rate of return on the investment will be nearest to:

The second step in rational decision making is to: choose the solution that maximizes value. identify the criteria that are important in making the decision. evaluate the alternatives. implement the alternative.

What impact will a spike in wages cause to the labor demand curve?

A company issued 8%, 15-year bonds with a par value of $500,000 that pay interest semiannually. The market rate on the date of issuance was 8%.