The reserves of financial institutions:
a. Are the largest liability in a financial institution's balance sheet.
b. Are assets that financial institutions try to maximize.
c. Are assets that financial institution's try to keep at the legal limit.
d. Are made up mainly of government securities and high quality corporate bonds.
e. Include the liability called "Borrowing from the central bank."
.C
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If a local government collects taxes of $500,000, has $350,000 of government consumption expenditures, makes transfer payments of $100,000, and has no interest payments or investment, its budget would
A) show a surplus of $150,000. B) show a surplus of $50,000. C) be in balance with neither a surplus nor a deficit. D) show a deficit of $50,000.
If there is an increase in the demand for U.S. automobiles, the
A) demand for dollars will fall. B) demand for dollars will rise. C) supply of dollars will fall. D) supply of dollars will rise.
Explain Microsoft Windows' monopoly positions in terms of network externalities
What will be an ideal response?
Positive Econ Statements
What will be an ideal response?