The difference between the interest a bank earns on loans and securities and the interest paid on deposits and debt divided by the total value of its assets is called
A) interest spread.
B) net interest margin.
C) return on assets.
D) return on equity.
B
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An analyst on a local news channel argues that the recent corporate scandals "demonstrated very clearly that self-interest always contradicts social interest." Do you agree or disagree? Substantiate your answer
What will be an ideal response?
Which of the following involves taking income from those with higher incomes and providing income to those with lower incomes?
a. Appropriation b. Labor-leisure tradeoff c. Economic stabilization d. Redistribution
Explain why marginal revenue is less than price for a monopolist.
What will be an ideal response?
Which best expresses the law of diminishing marginal utility?
A. The more of a product is consumed, the smaller is the total utility from the product B. The less of a product is consumed, the greater is the marginal utility of the product C. The more of a product is consumed, the greater is the total utility from the product D. The less of a product consumed, the smaller is marginal utility of the product