Which of the following is not an asset on a bank's balance sheet?
A) reserves
B) loans
C) checkable deposits
D) all of the above
E) none of the above
C
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China's State Council has encouraged more spending to "improve transportation links and other infrastructure...." It will also "step up its spending on vocational training and other educational programs for adults." www.nytimes
com, Keith Bradsher, October 19, 2008 Suppose that capital goods are on the vertical axis while consumption goods are on the horizontal axis of China's PPF. As a result of enacting the policies, China's PPF will A) shift outward. B) shift inward. C) rotate outward. D) become flatter.
Industrial production is an example of a coincident indicator
Indicate whether the statement is true or false
In the monopolistic competition model, the attribute of free entry suggests that: a. all firms earn zero economic profits in the long run
b. some firms will be able to earn economic profits in the long run. c. some firms will be forced to incur economic losses in the long run. d. the market structure will eventually be characterized by perfect competition in the long run.
Average revenue is slightly higher than price
a. True b. False Indicate whether the statement is true or false