For much of 2001 and 2002, McDonalds faced a(n):
A) decrease in demand.
B) increase in demand.
C) increase in profits.
D) none of the above.
A
Economics
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The difference between actual reserves and required reserves is
A) net worth. B) excess reserves. C) illegal reserves. D) desired reserves.
Economics
Price ceilings will likely
a. result in the accumulation of surpluses. b. increase the volume of transactions as we move along the demand curve. c. increase production as producers respond to higher consumer demand at the low ceiling price. d. result in the development of black markets.
Economics