Which of the following is a bank liability?
a. cash in the vault
b. loans made to customers
c. money market deposit accounts
d. bank computers
e. All of the above are correct.
c
You might also like to view...
The Gini coefficient index
a. is a curve that bows outward from the Lorenz curve. b. is a straight line coinciding with the Lorenz curve. c. has a minimum value of 1.0. d. is another way of expressing income inequality.
The budget deficit
A. fell every year in the 1990s. B. fell steadily from 1993 through 1997. C. fell steadily every year since 2001. D. increased steadily every year from 2001 to the present.
The marginal revenue of a monopolist falls below price because the firm
A. Has an upward-sloping marginal cost curve. B. Confronts a downward-sloping demand curve. C. Faces a market demand curve that is inelastic. D. Is not limited by market demand.
The idea that money has "time value" refers to the fact that:
A. people prefer to receive a given sum of money in the future rather than in the present. B. money can be used to purchase the services of labor, as measured in hourly units. C. a specific amount of money is more valuable to a person the sooner it is received. D. compound interest converts future dollars into a greater amount of current dollars.