Imagine that big bank has a 5% reserve requirement and $7,000 in deposits. if this bank has loaned out all it can given the reserve requirement, which of the following statements is correct?

a. big bank has $35 in reserves and $4,500 in loans
b. big bank has $250 in reserves and $4,750 in loans.
c. big bank has $350 in reserves and $6,650 in loans.
d. none of the above statements is correct

Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate

Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?