Commercial banks' assets include ________
A. bank deposits of individuals and businesses and bank reserves
B. loans to individuals and businesses and government securities
C. bank reserves and the deposits in M2
D. government securities and borrowed funds
B The discussion in the text about banks' assets shows that banks' assets include securities and loans.
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Refer to the scenario above. This game ________
A) has a unique Nash equilibrium B) has a unique dominant strategy equilibrium C) does not have a dominant strategy equilibrium D) does not have a Nash equilibrium
Does the presence in the real world of intraindustry trade prove or disprove the classical or Heckscher-Ohlin models? Explain
What will be an ideal response?
An English auction is
a. A sealed auction b. An oral auction c. An auction where bidders submit decreasing bids d. All of the above
Which of the following does purchasing-power parity imply?
a. The purchasing power of the dollar is the same in the U.S. as in foreign countries. b. The price of domestic goods relative to foreign goods cannot change. c. The nominal exchange rate is the ratio of U.S. prices to foreign prices. d. All of the above are correct.