John deposits $800 at an annual interest rate of 6%. The total amount in John's account after one year will be:

When U.S. Steel, a steel producer, bought control of iron ore companies at the beginning of the 20th century, the company was initiating

A) a horizontal merger. B) a vertical merger. C) a cartel. D) an expropriation.

The equation of exchange states that: a. government spending = taxes plus the federal budget deficit

b. the reciprocal of the reserve requirement = the deposit expansion multiplier. c. the money supply times the velocity of money = the price level times the quantity of goods and services produced. d. the price level times the velocity of money = the money supply times the quantity of goods and services produced.