Deposits are examples of a bank's
A) liabilities. B) assets. C) net worth. D) balance sheet.
A
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A flawed argument for protection from foreign trade is that
i. tariffs save domestic jobs. ii. tariffs protect the national culture. iii. quotas bring about diversity and stability. A) i only B) ii only C) iii only D) i and ii E) i, ii, and iii
An increase in GDP does not imply _____
a. an improvement in both life expectancy and the overall health of the population b. a rise in the average level of education of the population c. an improvement in the quality of air and water d. an increase in spending on natural disasters and war
The long-run Phillips curve would shift to the right if
a. the money supply growth rate decreased or if labor markets become more flexible. b. the money supply growth rate decreased, but not if labor markets become more flexible. c. labor markets become more flexible, but not if the money supply growth rate decreased. d. None of the above is correct.
Rising savings rates in emerging countries in the period 2000-2008 are associated with both falling and rising mortgage interest rates in the United States
Indicate whether the statement is true or false