The largest source of income for banks is

a. the interest received from loans
b. fees charged to customers for accounts
c. money deposited in savings accounts
d. fees charged on credit cards


Ans: a. the interest received from loans

Economics

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Moral hazard occurs when contracts are written in such a way that

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Economics

Since the end of World War II, corporate income taxes have accounted for

a. an increasing share of federal revenue. b. a steady share of federal revenue. c. a declining share of federal revenue. d. a rising share of revenue until 1980, and then a falling share.

Economics

Suppose you observe a decrease in the equilibrium price and quantity of corn. Of the options listed below, this is best explained by:

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Economics