If banks receive a greater amount of reserves and do not hold all of these reserves as excess reserves, the money supply expands

Refer to Table 2-15. What is George's opportunity cost of cultivating a garden?

A) one-half of a garden cultivated B) two lawns mowed C) two-thirds of a garden cultivated D) one and a half lawns mowed

How do the owners of a partnership relate to the business?

A) The owners and the business are not separate legal entities. B) The owners and the business are separate legal entities. C) The assets of the owners are considered separate from the asset of the business. D) None of these describe the legal relationship of the owners to the business.