In a fractional-reserve banking system, banks create money because:
a) each dollar of reserv...
Business, 26.07.2019 19:20 msjbryant33
In a fractional-reserve banking system, banks create money because:
a) each dollar of reserves generates many dollars of demand deposits.
b) banks have the legal authority to issue new currency.
c) funds are transferred from households wishing to save to firms wishing to borrow.
d) the wealth of the economy expands when borrowers undertake new debt obligations.
Answers: 1
Business, 21.06.2019 19:30, baseball1525
Why does the united states government provide tax breaks related to the amount of money companies spend on research and development? a. to provide incentives for companies to conduct research and development to allow antitrust authorities b. to challenge joint research efforts c. to protect the right of inventors d. to produce and sell their inventions e. to involve less government scrutiny than a government funded project
Answers: 1
Business, 21.06.2019 21:00, FombafTejanjr3923
The plastic flowerpots company has two manufacturing departments, molding and packaging. at the beginning of the month, the molding department has 2,100 units in inventory, 70% complete as to materials. during the month, the molding department started 18,500 units. at the end of the month, the molding department had 3,150 units in ending inventory, 80% complete as to materials. units completed in the molding department are transferred into the packaging department. cost information for the molding department for the month follows: beginning work in process inventory (direct materials) $ 1,300 direct materials added during the month 28,900 using the weighted-average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (round "cost per equivalent unit of production" to 2 decimal places.)
Answers: 1
Business, 22.06.2019 11:00, HUNIXX6561
Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.
Answers: 1
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