The process by which banks screen potential applicants by eliminating bad risks and to obtain a pool of creditworthy borrowers is called:
A) gap analysis
B) duration analysis
C) credit-risk analysis
D) liquidity analysis
C
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Which of the following are liabilities to a bank?
A. vault cash and demand deposits B. property and capital stock C. capital stock and reserves D. demand and time deposits
The Glass-Steagall Act became law in the
A) 1890s. B) 1910s. C) 1930s. D) 1950s.
Compared to regular grocery stores, convenience stores have
a. higher prices and a more limited selection of goods b. higher prices and a greater selection of goods c. lower prices and a more limited selection of goods d. lower prices and a greater selection of goods e. equal prices and an equal selection of goods
Marginal profit is the addition to a firm's total profit from a
a. $1 change in its price. b. one-unit change in its output. c. reduction in total cost. d. reduction in marginal cost.