A goldsmith has 100 gold coins in his safe and 100 receipts circulating. What is his reserve ratio?
What will be an ideal response?
100%
Economics
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If you pay a parking fee that lets you park at your job for free every day, its average cost per day is irrelevant to your decision whether to part at your job on a given day of the year
a. True b. False Indicate whether the statement is true or false
Economics
In oligopoly markets, firms have no perceptible influence on the market price
a. True b. False Indicate whether the statement is true or false
Economics