Which of the following is a bank asset?
A. demand deposits
B. savings account deposits
C. certificates of deposit held by the public
D. loans made to customers
Answer: D
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Health care costs have been rising due to
A) an aging population. B) new technologies. C) third-party financing. D) All of the above are correct.
If a good has "snob appeal," consumers may purchases less when the price falls
a. True b. False Indicate whether the statement is true or false
Unlike discretionary fiscal policies, automatic stabilizers have a quick impact and therefore do not suffer from time lag
a. True b. False Indicate whether the statement is true or false
Conventional economic theory assumes that people
a. care a great deal about fairness. b. are inconsistent over time in their decisionmaking. c. are rational. d. are satisficers.