Cash and similar assets held to meet depositor withdrawals or payments are called:
A. bank reserves.
B. money.
C. deposits.
D. checking accounts.
Answer: A
You might also like to view...
All of the following will tend to increase the number of years until the oil stock is depleted except
A) falling oil prices. B) additional oil exploration. C) conservation measures. D) development of oil substitutes.
To anticipate what the economy is going to do next the government will look at:
a) Lagging indicators b) Flashing indicators c) Coincidental indicators d) Leading indicators
Crowding out occurs when deficit spending by the government forces private investment spending to contract.
Answer the following statement true (T) or false (F)
Which of the following European countries used fiscal policy to induce explosions in deficits to mitigate recession?
A. Spain B. Germany C. Italy D. France