For a bank, the ration of after-tax profit to assets is its:
A) net interest margin.
B) return on assets.
C) return on equity.
D) spread.
B
Economics
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The more excess reserves banks choose to keep,
A) the larger the deposit multiplier. B) the smaller the deposit multiplier. C) the lower the required reserve ratio. D) the higher the required reserve ratio.
Economics
What is the difference between comparative advantage and absolute advantage?
What will be an ideal response?
Economics
Imagine that someone offers you $100 today or $200 in 10 years. You would prefer to take the $100 today if the interest rate is
a. 4 percent. b. 6 percent. c. 8 percent. d. All of the above are correct.
Economics
Social insurance has become an increasingly large portion of federal taxes because of the "Baby Boomer" generation.
A. True B. False C. Uncertain
Economics