"Universal banking" can lower the risk of participating financial institutions if
A) there is high correlation in the returns of the permitted activities.
B) there is low correlation in the returns of the permitted activities.
C) there are firewalls between all the permitted activities.
D) none of the customers of the institution are federally insured.
B
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Refer to the figure above. This country has comparative advantage in
A) X. B) Y. C) both X and Y. D) Can't tell without more information.
The main factors that discourage investment in capital and skills in developing countries are
A) political instability, insecure property rights. B) political instability, insecure property rights, misguided economic policies. C) political instability, misguided economic policies. D) political instability. E) insecure property rights, misguided economic policies.
The unemployment rate is the percentage of:
a. the total adult population without jobs. b. adults who are in the labor force but who do not have jobs. c. the total adult population that are not working full-time jobs. d. the population without jobs.
A _______________ is a bond issued by the federal government.
a. municipal bond b. Treasury bond c. corporate bond d. high-yield bond