Which of the following lists includes only banks' assets?
A) reserves, savings deposits, securities, and loans
B) reserves, checkable deposits, securities, and loans
C) reserves, securities, liquid assets, and savings deposits
D) liquid assets, loans, securities, and reserves
E) securities, reserves, checkable deposits, and liquid assets
D
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When Dr. Goldfinger decides on the companies in which he will invest, a ________ issue is being addressed
A) positive economic B) normative economic C) microeconomic D) macroeconomic
If the real exchange rate between the United States and Japan is ________, then it is cheaper to buy goods in Japan than in the United States
A) greater than 1.0 B) greater than 0.5 C) less than 0.5 D) less than 1.0
All choices have monetary costs.
a. true b. false
Based on the table above which shows Chip's costs, if rice sells for $600 a ton, Chip
A) makes an economic profit and should stay open in the short run. B) makes an economic profit, but should shut down in the short run. C) incurs an economic loss, but should stay open in the short run. D) incurs an economic loss and should shut down in the short run.