Refer to the figure above. What is the producer surplus in the market?
A) $20
B) $40
C) $60
D) $80
D
Economics
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Which of the following represents a form of equity finance?
A) stock B) loans C) bonds D) all of the above E) none of the above
Economics
A bank which must hold 100 percent reserves opens in an economy that had no banks and a currency of $150 . If customers deposit $50 into the bank, what is the value of the money supply?
a. $50 b. $100 c. $150 d. $200
Economics