(07.01 mc)why were banks the focus of attention early in the first new deal? (7 points)the banks had been overlending to people and businesses, causing ripple effects throughout the economy when they could not pay out deposits or collect on loans. the banks and their employees were the only groups thriving in the midst of the economic downturn and were seen as scapegoats for the widespread suffering of average people. the banks themselves had caused the stock market crash by withdrawing their investments all at once on the advice of government officials and economic analysts. the banks were seen as to blame for the economic downturn because throughout the previous decade they had strict and limited lending policies that stifled growth.

Excel allows you to take a lot of data and organize it in one document. what are some of the features you can use to clarify, emphasize, and differentiate your data?

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period