Indirect counting methods, such as optical density (turbidity), need to be calibrated using a direct counting method.

What role does fermentation have in the carbon cycle?

A metabolic pathway in which part of the pathway is catabolic and part is anabolic is referred to as _____.    

GDP = C + I +G + (Exports – Imports) 

Bank A has $100 million in deposits, $15 million in reserves, and $85 million in loans. Bank A’s reserve ratio is: a. 10% b. 15% c. 20% d. 75%

What is the unemployment rate for a nation with 6 million employed and 2 million unemployed? a. 10% b. 5% c. 20% D. 25%

Which type of unemployment is likely to be higher when real GDP growth is lower? a. frictional unemployment b. cyclical unemployment c. structural unemployment d. natural rate of unemployment

When a nation has a money supply of 4,000, a money velocity of 2, and a GDP of 800, the price level is 100.

Suppose the Fed carries out an open market purchase and credits the account of a bank by $160,000. Further suppose that the reserve ratio (RR) is 10%. By how much is the money supply expected to change? a. $160,000 b. $1.6 Million c. $16 Million d. $1.76 million

Suppose the nominal GDP of a country is $500 billion. If the velocity of money in the country is 10, then the country’s money supply will equal: a. 5000 billion b. 510 billion c. 490 billion d. 50 billion