Profit-maximizing banks try to keep their excess reserves as high as possible.
a. true
b. false
b. false
You might also like to view...
Straight line pay for performance
a. Provides incentives to increase performance b. Eliminates the perverse incentive to hide information c. Does not link compensation to where the performance is relative to the budget target d. All of the above
A trade surplus occurs when:
A. exports exceed imports. B. government revenue exceeds government spending. C. exports are less than imports. D. government spending exceeds government revenue.
Mrs. Dodge has $8 million in income and pays no income taxes. Her income is most likely
A. capital gains. B. interest on corporate bonds. C. interest on municipal bonds. D. offset by mortgage interest.
Describe some of the problems in testing the Heckscher-Ohlin theory
What will be an ideal response?