Differences between open opportunity legal equality and free contract

Suppose that velocity rises while the money supply stays the same. It follows that a. P x Y must rise. b. P x Y must fall. c. P x Y must be unchanged. d. the effects on P x Y are uncertain.

What was one reason the us government started a federal reserve system? to provide consumers with access to funds for business expansion to keep the banking power of the united states spread out among various districts to make sure that the us banks

Suppose that Walgreens (a major drug store chain) wants to introduce its own brand of cough medicine that is similar in contents and packaging to a national brand, but at a lower cost. What kind of brand would Walgreens be introducing? a.

If a company separates customers into categories and treats each group differently, what strategy is it using? A. Channel management B. Customer service C. Merchandising D. A distribution chain

Melanie sets up her own business. her hair salon earns $10,000 in revenue a month. she spends $500 per month on supplies (shampoo, brushes, etc). her tools depreciate at a rate of $600 annually.

Economies of scale are ways that a company can lower the cost per unit by selling more units overall A. True B. False

Suppose warren buffet withdraws $1 million from his checking account at chase manhattan bank. if the required reserve ratio is 20 percent, what is the maximum change in deposits in the banking system?

The market system's answer to the fundamental question "how will the goods and services be produced?" is essentially

You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $12.1 million, which will be depreciated straight-line to zero over its four-year life.

What is the difference is between saving and investing?