To a bank, a checkable deposit is classified as
A) an asset.
B) a liability.
C) vault cash.
D) excess reserves.
E) bank capital.
B
You might also like to view...
The decision about whether to change prices frequently or infrequently is an application of the:
A. cost-benefit principle. B. scarcity principle. C. principle of comparative advantage. D. principle of increasing opportunity cost.
The Fed wants to keep the dollar at 0.80 euros per dollar. If the demand for dollars increases,
A) the Fed sells dollars to increase the supply of dollars and maintain the exchange rate. B) the Fed conducts persistent intervention on one side of the market. C) the Fed buys dollars to increase the supply of dollars and maintain the exchange rate. D) the Fed buys dollars to decrease the supply of dollars and maintain the exchange rate. E) the Fed sells dollars to decrease the supply of dollars and maintain the exchange rate.
Your U.S.-based company is selling parts to a company in Bangladesh. If you require payment in US$
A) the Bangladeshi company bears the exchange rate risk. B) your company bears the exchange rate risk. C) the companies share in the exchange rate risk. D) there is no exchange rate risk.
Medicaid is available to all over 65, including those not poor
Indicate whether the statement is true or false