Banks prefer to make loans than keep reserves because they earn interest on loans and must pay interest on reserves
Indicate whether the statement is true or false
FALSE
Economics
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Discuss studies based on the interest parity conditions
What will be an ideal response?
Economics
According to Okun's law, an increase in which of the following is associated with an increase in unemployment?
A) inflation B) output C) expected inflation D) autonomous expenditure E) potential output
Economics
"If I didn't go to class tonight, I would save the $2 campus parking fee and spend three hours at work where I earn $10 per hour." The opportunity cost of attending class this evening is: a. $0
b. $2. c. $30. d. $32.
Economics
It is possible through trade for a country to consume a combination of goods that lies beyond its production possibilities frontier.
Indicate whether the statement is true or false.
Economics