The primary source of funds for commercial banks is ________
A) securities
B) Federal Reserve Banks
C) loans
D) deposits
D
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a. and discrimination according to seller bias are both inefficient rationing mechanisms because they both waste buyers' time. b. and discrimination according to seller bias are both inefficient rationing mechanisms because the good does not necessarily go to the buyer who values it most highly. c. are an inefficient rationing mechanism because they waste buyers' time, and discrimination according to seller bias is an inefficient rationing mechanism because the good does not necessarily go to the buyer who values it most highly. d. are an inefficient rationing mechanism because the good does not necessarily go to the buyer who values it most highly, and discrimination according to seller bias is an inefficient rationing mechanism because it wastes buyers' time.
Louise is unemployed due to a decrease in the demand for workers with a knowledge of a certain word processing language. This is an example of:
a. cyclical unemployment. b. frictional unemployment. c. involuntary unemployment. d. structural unemployment.
Price change causes movement along supply curve, not shift in curve
a. true b. false
Labor productivity increases when
A. capital/labor ratio decreases. B. labor and output increase proportionately. C. output decreases and labor increases. D. capital increases and labor remains constant.