Suppose the production function is given by Q = 2K + 5L. What is the marginal product of labor when 15 units of capital and 10 units of labor are employed?

A higher level of real Gross Domestic Product (GDP) will result if

A) total planned real expenditures exceed real Gross Domestic Product (GDP). B) aggregate supply exceeds aggregate demand. C) aggregate demand exceeds aggregate supply. D) leakage exceeds injections.

Which of the following would NOT be an asset on a bank's balance sheet?

A. bank building B. loans outstanding C. transactions deposits D. cash in the vault