The main source of earning profits for banks is:
a. government securities.
b. saving accounts.
c. reserves.
d. loans.
e. checking account fees.
d
You might also like to view...
What would happen to the optimal amount of pollution if studies found dangerous effects of SO2 cause cancer and the government takes away subsidies to companies for cleaning up their pollution?
A. Uncertain B. Increase C. Stay the same D. Decrease
Which economist is credited with having been the first to discuss the "lemons problem"?
A) George Akerlof B) Milton Friedman C) Robert Shiller D) James Tobin
Suppose the economy has an inverted yield curve. According to the expectations hypothesis, which of the following interpretations could be used to explain this?
A. The term spread is positive. B. Investors prefer bonds with less interest-rate risk. C. Investors prefer bonds with less default risk. D. Interest rates are expected to fall in the future
The law of diminishing returns results in:
A. an eventually falling marginal cost curve. B. a total product curve that eventually increases at a decreasing rate. C. an eventually rising marginal product curve. D. a total product curve that rises indefinitely.