The goal of a commercial bank is to
A) establish good regulations for commercial activities.
B) accept only deposits made in money.
C) minimize its taxes paid to state governments.
D) maximize its stockholders' wealth.
E) make only safe, no-risk loans.
D
You might also like to view...
The net balance of payments is
A. The difference between exports and imports. B. The difference between the current account balance and the capital account balance. C. The sum of the current account balance and the capital account balance. D. The sum of the current account balance and the trade account balance.
Recall the Application about choosing a price for drones based on a linear demand curve to answer the following question(s).Recall the Application. Suppose a firm that produces drones has a linear demand curve for its product, with a vertical intercept of $1,500. If the firm does not want the demand for its product to be price-inelastic, the minimum price it should charge is:
A. $500. B. $750. C. $1,000. D. $1,500.
Related to the Economics in Practice on p. 429: If a Harley Davidson dealer in Chicago sells a newly manufactured Harley motorcycle on eBay to a customer in Tokyo, Japan, the value of the motorcycle is
A. not counted in U.S. GDP because it was sold to a foreign customer. B. counted in Japanese GDP. C. counted in U.S. GDP. D. counted in U.S. GDP and Japanese GNP.
Which of the following statements is true of the long run?
A) Identical firms can enjoy positive economic profits. B) Identical firms face an upward-sloping supply curve. C) Non-identical firms can enjoy positive economic profits. D) Non-identical firms face a horizontal supply curve.