On a bank's balance sheet, "borrowings" are
A) loans to households.
B) loans to businesses.
C) nondeposit liabilities.
D) U.S. Treasury securities.
C
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Teenage employment in the United States has risen in the past two decades.
Answer the following statement true (T) or false (F)
In general, as a consumer acquires more and more of a good, the marginal utility remains constant.
Answer the following statement true (T) or false (F)
At the peak of a business cycle, the
A) cyclical unemployment rate is positive. B) unemployment rate is above the natural unemployment rate. C) frictional unemployment rate is zero. D) unemployment rate is below the natural unemployment rate. E) natural unemployment rate is negative.
In the generalized dividend model, if the expected sales price is in the distant future
A) it does not affect the current stock price. B) it is more important than dividends in determining the current stock price. C) it is equally important with dividends in determining the current stock price. D) it is less important than dividends but still affects the current stock price.