Why does the federal government monitor and regulate american banks and other financial institutions? a. to keep greater control over the economy b. to protect the government’s own money from fraud c. to improve the standard of living d. to shield money from the damaging effects of economic downturns

Money from an allowance or job is known as .

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

Stosch company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock of $26,000 as of december 31, year 1. if retained earnings on the balance sheet as of december 31, year 2, amount to $74,000 and stosch paid a $28,000 dividend during year 2, then the amount of net income for year 2 was which of the following? a)$23,000 b) $35,000 c) $12,000 d)$42,000