Challenge problem. assume that the public in the small country of sylvania does not hold any cash. commercial banks, however, hold 10 percent of their checking deposits as excess reserves, regardless of the interest rate. in the questions that follow, the "money multiplier" is given by 1 divided by (rr plus upper e upper r ), where rr = the percentage of deposits that banks are required to keep as reserves er = the percentage of deposits that banks voluntarily hold as excess reserves consider the balance sheet of one of several identical banks:

Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.

Which of the following has the largest impact on opportunity cost