Which statement is most correct about the types of deposits a commercial bank can accept?
A) A commercial bank does not accept deposits but sells shares.
B) A commercial bank accepts checking, savings and time deposits.
C) A commercial bank accepts savings and time deposits, but not checking deposits.
D) A commercial bank can only accept checking deposits from commercial enterprises.
E) A commercial bank can accept loan deposits, reserve deposits, and checkable deposits.
B
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Efficiency wages are
A) the result of demographic change. B) set below the equilibrium level of the real wage. C) offered by firms who want to reduce turnover in the labor force. D) special wages offered to teenagers. E) mandated by law.
The table above shows the production possibilities frontier for the nation of Isolanda
a) Find the marginal cost of a pound of fish using the above PPF. b) How does the marginal cost of a pound of fish change as more fish are caught?
Mike is an automobile worker. Because of technological changes in the way automobiles are produced and the increased use of automation, Mike was recently laid off and is currently seeking another job. Mike is best described as being
a. frictionally unemployed b. structurally unemployed c. seasonally unemployed d. not in the labor force e. cyclically unemployed
Recall the Application about the benefits provided by the LoJack auto recovery system to answer the following question(s).Recall the Application. LoJack is system that allows the police to track stolen cars. This provides an external benefit by:
A. getting the owner back his car. B. reducing car theft. C. giving profits to the producers of LoJack. D. All of these