The federal budget has three components. Name them
What will be an ideal response?
discretionary spending, entitlements and mandatory spending, net interest
Economics
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The percentage of a bank's total deposits held in reserves, either as cash in the vault or as deposits at the local Federal Reserve bank, is:
a) the reserve ratio. b) the reserve requirement. c) excess reserves. d) the money ratio.
Economics
Refer to Figure 8.1. At the profit-maximizing level of output, ATC is
A) $26. B) $30. C) $31. D) $40. E) $44.
Economics