Imagine that stella deposits $25,000 in currency (which she had been storing in her closet) into her checking account at the bank. assume that this institution has a required reserve ratio of 25 percent. as a result of this deposit, by how much will the bank’s required reserves increase? a. $0 b. $31,250 c. $6,250 d. $100,000 e. $25,000
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Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
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On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?
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Imagine that stella deposits $25,000 in currency (which she had been storing in her closet) into her...
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