If Slick Shades, a sunglasses manufacturer, merges with Best Lens, a lens manufacturer, and the combined firm is able to reduce the number of human resource departments from two to one, the merger created ________.

Which of the following is considered to be the best method of production?

a. Capital-intensive method b. Least-cost method c. Labor-intensive method d. Scarce resource method

To determine the total change in deposits as a result of an injection of reserves, we must

a. sum the number of loans a bank has made b. multiply the injection of reserves by 10 c. multiply the number of loans by the expenditure multiplier d. sum the reserves of each bank e. multiply the injection of reserves by the demand deposit multiplier