Which of the following is classified as an asset for a commercial bank customer?
A) A car loan
B) A commercial loan
C) Demand deposits
D) Deposits with the Federal Reserve
C
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The future value of a sum of money deposited in a bank will be higher if ________
A) the rate of interest is low B) the rate of inflation is low C) the returns on other assets are low D) the money is kept in the bank for a longer period of time
The extent to which investment spending changes with changes to income is called the:
A) marginal propensity to consume. B) marginal propensity to save. C) marginal propensity to import. D) marginal propensity to invest.
The foreign freight forwarder is the largest export intermediary in terms of value and weight of products managed.
a. true b. false
Price differentiation is a situation in which
A) there are different prices for similar products reflecting differences in the marginal cost of providing the commodities to different groups of buyers. B) there are different prices for the same product that are not due to differences in the marginal cost of providing the commodity to different groups of buyers. C) consumers' comparison-shop. D) the demand curve is vertical.