A bank's assets and liabilities are listed on a _____
a. balance sheet
b. loan application
c. deposit slip
d. return statement
a
You might also like to view...
Problems with the federal government budget process include: a. budgeting that allows the President too much discretion in spending decisions
b. budgeting that increases the flexibility of discretionary fiscal policy. c. a budget outline that needs to be approved with at least a two-thirds majority vote. d. most of the expenditures being for entitlement programs. e. a brief budgeting that does not allow Congress to study whether the budget is an appropriate tool for fiscal policy.
The term "balance of trade" refers to a nation's:
a. goods exports minus imports. b. current account balance. c. capital account balance. d. net balance of all international transactions.
A mixed economy is one in which ________.
A) both resources and means of production are extremely limited and generally confined to agricultural produce B) the government or other centralized group determines and controls all resources and means of production C) both individuals and government control resources and determine production methods D) either individuals or private firms control resources and determine production methods E) there is no government intervention whatsoever in industry
Which of the following is not included in national income?
a. Corporate profits
b. Interest earnings
c. Capital consumption allowance
d. Rental income
e. Stockbroker commissions