Which of the following is not considered a unilateral transfer?

a. foreign aid from one government to another
b. income earned from foreign investments
c. personal gifts to friends in foreign countries
d. donations to foreign countries from non-government domestic charities
e. government transfers to foreign residents

B

Economics

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A bank reports reserves of $500,000, physical capital of $200,000, loans of $1,000,000, deposits of $1,000,000, and owners' equity of $500,000. If the desired reserve ratio is 5 percent, the bank's desired reserves are

A) $25,000. B) $500,000. C) $1,000,000. D) $50,000. E) $10,000.

Economics

What is a cartel? Can cartels generate long-term profits without the existence of barriers to entry?

What will be an ideal response?

Economics