Concept check 1. 54/32 converted to a mixed number is 22/32 1.6875 1/38 1 22/32 2. the product of one and four thirty-seconds and twenty thirty-seconds is 1 24/32 45/64 56/32 720 3. one and eight thirty-seconds divided by twelve thirty-seconds is 480/1024 20/1024 3 1/3 3 40/32 4. a u. s. treasury bond is trading at 98 and 6/32. convert this price to its decimal form. 98.19 96.63 9/86 98.06 5. what is the percentage increase if the s& p 500 index is currently trading at 1,100 and rises 55 points? 4.5% 5% 55% 5.5%

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?

In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a.esther lost her job and begins looking for a new one.b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work.c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.

Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.