The primary liabilities of depository institutions are
A) premiums from policies.
B) shares.
C) deposits.
D) bonds.
C
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Randomization based on covariates is
A) not of practical importance since individuals are hardly ever assigned in this fashion. B) dependent on the covariances of the error term (serial correlation). C) a randomization in which the probability of assignment to the treatment group depends on one of more observable variables W. D) eliminates the omitted variable bias when using the difference estimator based on Yi = ?0 + ?1Xi + ui, where Y is the outcome variable and X is the treatment indicator.
It is impossible for one person to have a comparative advantage in all tasks
a. True b. False
Inflation: a. can cause a redistribution of income from creditors to borrowers
b. may discourage investment and economic growth. c. can decrease the value of a nation's currency relative to other nations. d. may result in any of the above.
If the aggregate supply curve has its normal shape, deficit spending will increase
A. both GDP and the price level at about the same rate. B. the price level before it increases real GDP. C. the price level but decrease real GDP. D. real GDP before it increases the price level.