Suppose bank A has assets of 100, liabilities of 80, and capital of 20. Its leverage ratio is
A) 4.
B) 5.
C) 10.
D) 9.
B
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Blueland is a small island country which specializes in the production of yachts. It has a Cobb-Douglas aggregate production function
i) How will the production of yachts get affected if the technology used for production in Blueland improves? ii) How will Blueland's output get affected if both efficiency units of labor and capital stock increase by 12.5% but the level of technology remains unchanged?
A balance sheet
A) measures flows of income and expenditure over a given period of time. B) equates flows of revenue with flows of expenditure. C) measures assets, liabilities, and net worth at a giving instance in time. D) None of the above are correct.
Which of the following is a benefit of economic growth?
A) reduction in illiteracy B) reduction in poverty C) improved health D) all of the above
If top government officials claim that more people are working now than ever before, then which of the following is true? a. The unemployment rate is lower now than ever before
b. The number of people unemployed is lower now than ever before. c. The employment rate is higher now than ever before. d. The number of people in the labor force is higher now than ever before. e. The number of people employed is higher now than ever before.