Suppose a farmer is a price taker for soybean sales with cost functions given by TC = .1q2 + 2q + 30 MC = .2q + 2 If P = 6 the profit-maximizing level of profits is

If a customer deposits $10,000 in currency into a checking account, the bank's total reserves ________

A) increase B) do not change C) are greater than 100 percent D) decrease

The trade-to-GDP ratio is calculated by

A) exports divided by GDP. B) imports divided by GDP. C) exports plus imports divided by GDP. D) exports minus imports divided by GDP.