A bank that maintains high NSF fees might also have relatively __________ loan rates, both part of a strategy to attract __________-than-average borrowers
A) low; safer
B) low; riskier
C) high; safer
D) high; riskier
A
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The total amount of spending on nonresidential structures, equipment, software, residential structures, and business inventories in a given period of time is called:
A) net exports. B) government consumption and investment. C) gross private domestic investment. D) personal consumption.
Compared to earlier times, the period of the 1950s to the early 1960s was one characterized by
(a) temporary deficit spending of the government. (b) permanent deficit spending of the government. (c) temporary surplus spending of the government. (d) permanent surplus spending of the government.
Which group does not benefit from trade when the U.S. imports leather?
A. Workers in the foreign leather industry. B. U.S. consumers who purchase leather products. C. Foreign leather producers. D. Workers in the U.S. leather industry.
If the price elasticity of demand is equal to 2, the good has ________ demand.
A. unitary elastic B. elastic C. restrictive D. inelastic