Considering a bank's balance sheet, which of the following statements is false?
A. Total Bank Liabilities = Total Bank Assets - Total Bank Capital
B. Total Bank Capital = Total Bank Assets - Total Bank Liabilities
C. Total Bank Assets = Total Bank Liabilities + Total Bank Capital
D. Total Bank Assets + Total Bank Liabilities = Total Bank Capital
Answer: D
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Among the key ingredients that propelled the American economy to emerge as the leading industrial power by the beginning of World War I were
A. the world's first universal public education system. B. a large agricultural surplus. C. entrepreneurial abilities of great industrialists. D. all of the choices are true.
Refer to the figure above. What is the equilibrium price after the demand curve shifts to D2?
A) $20 B) $40 C) $60 D) $80
ukraine is a major producer of wheat, and exports much of its wheat to europe. if ukraine no longer is able to export to europe, consider the european market for wheat: indicate whether there is a shift in supply or demand in the european market
a) supply b) demand
The self-correcting tendency of the economy means that falling inflation eventually eliminates:
A. exogenous spending. B. recessionary gaps. C. expansionary gaps. D. unemployment.