Imagine that Odyssey National is a brand new bank, and that its required reserve ratio is 10 percent. If it accepts a $1,000 deposit, then Odyssey National can increase the money supply by:

a. $900.
b. $910.
c. $1,000.
d. $9,000.
e. $10,000.

Economics

All of the following are incomes earned in the factor market EXCEPT

A) wages. B) prices of goods and services. C) rents. D) profits.

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Economics

How do unlimited and limited liability differ?

What will be an ideal response?

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Economics