The Command System (communism)
What will be an ideal response?
The Government ownership of most property resources
The use of a central government body as a decision making mechanism
Economics
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For a trucking company, all of the following are examples of fixed costs, except
a. Tax accountant fees b. Package designing fees c. Insurance d. Gasoline costs
Economics
Suppose you found $1,000 hidden in your mattress and deposited it in a demand deposit account at your bank. If the reserve requirement was 20 percent, the deposit would directly create ____ in excess reserves and ultimately lead to a ____ total increase in the money supply, if all banks in the system lend out 100 percent of their excess reserves
a. $800; $4,000 b. $800; $5,000 c. $1,000; $4,000 d. $1,000; $5,000
Economics