A ________ is considered an asset of that bank.
A. bank liability
B. bank deposit
C. demand deposit
D. bank loan
Answer: D
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What are the differences between the four market structures in terms of the number of sellers in the market and the types of products produced?
What will be an ideal response?
Which of the following is true for the period from Independence to 1860?
(a) The system of indentured servitude died out because it was seen to be immoral and inconsistent with the Constitution. (b) The system of slavery flourished because the relative price of slaves fell consistently. (c) The system of wage labor flourished as immigrant labor poured into the newly opened western lands. (d) European immigrants typically shunned agricultural labor as their ticket to the good life.
The following is an example of adverse selection
a. A majority of those applying for well paid jobs are well qualified b. More reckless drivers opt for cars with more safety devices c. Individuals living in less secure neighborhoods want to buy less insurance d. Individuals with a strong family history of heart diseases opt to buy less insurance
Which of the following will most likely cause a change in the natural rate of unemployment?
A) changes in monetary policy B) changes in fiscal policy C) changes in expected inflation D) all of the above E) none of the above