A commercial bank lists
A. loans as liabilities.
B. required reserves as liabilities.
C. deposits as liabilities.
D. excess reserves as liabilities.
Answer: C
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The expected real cost of using a unit of capital over a given period of time is known as ________
A) the real rate of interest B) the nominal rate of interest C) depreciation D) the user cost of capital
Crowding in is the result of
A. Rising unemployment. B. Rising government borrowing. C. Falling interest rates. D. Declining business confidence.
(Consider This) Newspaper dispensing devices seemingly "trust" people to take only a single paper, but the devices actually rely on the law of:
A. supply. B. increasing opportunity costs. C. demand. D. diminishing marginal utility.
A VRA is an example of
A) a "voluntary" quota. B) a tariff. C) an illegal foreign good. D) an illegal foreign tariff.