Cash assets of a commercial bank consist of
A) notes and coins in the bank's vault, a deposit account at the Fed and loans to other banks.
B) notes and coins in the bank's vault , a deposit account at the Fed and any gold held for the bank at Fort Knox.
C) vault cash, a deposit account at the Fed and the bank's stock holdings.
D) vault cash, a deposit account at the Fed and the value of its depositors' accounts.
A
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An outward shift of the production possibilities curve represents
A) economic contraction. B) economic growth. C) economic recession. D) economic inflation.
One thing the simple circular flow model shows is ______.
a. that firms pay households for capital inputs b. where political power is concentrated c. that firms are the buyers in product markets d. the average capital holdings of households
Refer to the above payoff matrix for the profits (in $ millions) of two firms (A and B) making a decision to advertise or not. Which of the following is the outcome of the dominant strategy without cooperation?
A. Firm A chooses to advertise while firm B chooses not to advertise. B. Firm A chooses not to advertise while firm B chooses to advertise. C. There is no dominant strategy in this scenario. D. Both firm A and firm B choose to advertise.
When a decision is made based on a simple majority vote it is possible for the total benefits to the community of this decision to be less than the total costs to the community of this decision
Indicate whether the statement is true or false