If a bank sells off all of its assets and pays all of its liabilities, the amount remaining would be its:
A. net profit.
B. reserves.
C. excess reserves.
D. net worth.
Answer: D
You might also like to view...
In the balance of payments, any transaction that leads to a receipt by a resident of a country or its government is a(n)
A) asset. B) minus item. C) deficit item. D) surplus item.
Adverse selection is
a. when people act differently because they are insured b. when more risk averse people want to be insured more c. when people at a greater risk want to be insured more d. when your guess at a test question is wrong
Assume that business investment spending rises, and the increase is funded by greater borrowing in the capital markets. If the nation has low mobility international capital markets and a fixed exchange rate system, what happens to the GDP Price Index and monetary base in the context of the Three-Sector-Model? a. The GDP Price Index rises and monetary base rises
b. The GDP Price Index rises and monetary base falls. c. The GDP Price Index and monetary base fall. d. The GDP Price Index and monetary base remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
Which of the following federal government expenditures is the largest burden on the budget?
A. social security B. medicare and medicaid C. defense D. interest on national debt