Excess reserves are equal to
A) the sum of desired reserves plus any reserves that are more than are required.
B) actual reserves minus desired reserves.
C) actual reserves plus desired reserves.
D) desired reserves minus actual reserves.
B
Economics
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Suppose Factory A emits 15,000 units of "Yuck" monthly, Factory B emits 30,000 units, and Factory C emits 45,000 units. Also suppose A's cost of reducing the emission is $1 per unit, B's cost is $2 per unit, and C's cost is $3 per unit
If the EPA prohibits any factory from emitting more than 15,000 units of yuck per month, what would be the total cleanup cost? A) $15,000 B) $40,000 C) $45,000 D) $90,000 E) $120,000
Economics
To know the customer is to understand costs
Indicate whether the statement is true or false
Economics