Privately owned banks and thrift institutions that accept deposits and make loans are known as
A. systemic risks.
B. financial holding companies.
C. depository institutions.
D. fiduciary institutions.
Answer: C
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Explain why the transactions costs involved with trying to acquire 100 acres of land from one landowner are probably going to be less than the transactions costs involved with trying to acquire 10 acres of land from each of 10 different landowners
What will be an ideal response?
The circular-flow diagram illustrates that:
A) production generates income so that income and production are the same. B) the economy's income is less than its production. C) the economy's income is exceeds its production. D) none of the above are necessarily correct.
The contact points where the terms of forward contracts are set are known as:
a. the underlying markets. b. the derivative markets. c. the over-the-counter markets. d. the futures exchange.
One of the reasons that Real Gross Domestic Product is not synonymous with social welfare is
A. domestic production (cooking, laundry and such) are not counted. B. things produced by people under 18 are not counted. C. quality has remained steady. D. people substitute between goods.