When a bank's loans are written off, then the bank's:
A. Ability to make more new loans increases
B. Ability to make new loans is restricted
C. Assets will grow while its liabilities stay the same
D. Assets stay the same while its liabilities grow
B. Ability to make new loans is restricted
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Which of the following is not an example of price discrimination?
a. Senior citizen discount at the movies b. Grocery coupons c. Children haircuts d. Charging a higher price for ice-cream during the summer and a lower price in the winter
You are unable to sleep because your hotel room is right underneath the noisy air conditioning system. We would classify this situation as an
A. external cost. B. internal cost. C. external benefit. D. internal benefit.
An increase in product price implies that
A. the firm's demand for labor increases. B. the firm's marginal factor cost will increase. C. the wage rate the firm pays will increase. D. the firm's demand for labor decreases.
An increase in the price level shifts the planned expenditures curve upward
Indicate whether the statement is true or false