The adjusted trial balance for rowdy profits corporation reports that its equipment had cost $210,000. for the current year, the company has recorded $25,200 of depreciation, which brings the total depreciation to date to $126,000.

Select the correct answer. after the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy? a. the interest rate on loans will fall. b. people will demand more foreign goods. c. people will start borrowing more money. d. the economy will face inflation. e. foreign investments will increase.

One of your firm suppliers discounted prices for large quantities

Which of the following best describes the economic effect that results from the government running a budget deficit? o a. consumers save less and spend more, bringing prices down. o b. demand decreases, driving investors into other areas. o c. consumers save more and spend less, enabling long-term financial planning. o d. demand increases, pushing producers to increase supply.