What is the effect when a customer deposits $100 into a checking account?
What will be an ideal response?
Both the bank's liabilities and its assets will increase.
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The employer is responsible for managing funds in an employee's defined contribution pension plan
Indicate whether the statement is true or false
Monetary policy is primarily exercised by:
a. Congress. b. the President. c. the Federal Reserve. d. the Treasury Department.
In the circular flow model, households:
a. Buy products and sell resources b. Sell products and buy resources c. Buy products and resources d. Sell products and resources
An insecure monopoly will lose more of its profit preventing other firms from entering when:
A. the zero profit quantity is large. B. the minimum entry quantity is small. C. the minimum entry quantity is large. D. the number of potential entrants is large.