Whenever somebody deposits a check from bank A into a checkable deposit at bank B, bank A's reserves ________ and bank B's reserves ________

A) increase; decrease
B) increase; increase
C) decrease; decrease
D) decrease; increase
E) do not change; do not change

D

Economics

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In which market would the price be least likely to be "sticky"?

A) refrigerators B) steel rods C) trucks D) fresh fruit

Economics

What is meant by the term double taxation? a. The tax on corporations is double the rate paid by other forms of business. b. The tax on corporations is one-half the rate paid by other forms of business. c. Corporations must pay both federal and state taxes. d. Corporate profits are taxed, and that portion of profits distributed as dividends is taxed as personal income

e. The corporation pays taxes on stocks and bonds.

Economics