The claims of creditors of a bank against the bank's assets are called
A. net worth.
B. liabilities.
C. loans.
D. required reserves.
Answer: B
You might also like to view...
The price elasticity of demand for a good is 0.2 . A 10 percent rise in the price will _______ the total revenue from sales of the good
A. decrease B. increase C. decrease the quantity sold with no change in D. not change
Refer to Figure 12-13. Suppose the prevailing price is P1 and the firm is currently producing its loss-minimizing quantity. In the long-run equilibrium
A) there will be fewer firms in the industry and total industry output decreases. B) there will be more firms in the industry and total industry output remains constant. C) there will be fewer firms in the industry but total industry output increases. D) there will be more firms in the industry and total industry output increases.
Accelerated depreciation laws may increase firms' investment in equipment because:
a. machines will wear out more rapidly. b. profits will be increased. c. the rental rate on capital will be reduced. d. the price of machines will fall.
Why is the advent of monopoly likely to shift cost curves?
What will be an ideal response?