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Magnus Tech owns 30% of Mirika Inc. and accounts for the investment using the equity method. During the year, Mirika reports a net loss of $2,500,000 and pays total dividends of $70,000.

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Suppose that in a given month $40 million is deposited into the banking system while $50 million is withdrawn. Assume that the reserve requirement is 20 percent and that the banking system had no excess reserves at the beginning of the month.

Lester, a chef and owner of Green Lantern, a popular restaurant, is always visiting his competitors to observe how they are doing things in their restaurants.

A cash register tape reflected total sales equaling $100, but the cash in the cash register drawer equaled $105. Review the statements below and determine which is correct regarding this discrepancy. (Check all that apply.

Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 million, $1 million, and $1 million, respectively. There are four firms in industry B with equal sales of $2.

Despite having the highest overall GDP, the US ranks fifth for productivity when considering the GDP per hour worked. What contributes to this discrepancy?

Young raxxi invested in a back-loading mutual fund at a rate of 3%. the net asset value at the time of purchase was $18.48. at the time young sold his fund shares the net asset value was $18.25. his investment was $9,240.

12. An industry is defined as: a. A collection of firms that compete with one another in a single product market. b. A collection of firms that exist in a particular geographical area (e. g. Spain). c.

Why are only final goods and services included in the calculation of GDP?