Which of the following are primary concerns of the bank manager?

A) maintaining sufficient reserves to minimize the cost to the bank of deposit outflows
B) extending loans to borrowers who will pay low interest rates, but who are poor credit risks
C) acquiring funds at a relatively high cost, so that profitable lending opportunities can be realized
D) maintaining high levels of capital and thus maximizing the returns to the owners


A

Economics

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Elastic demand implies

A) that a one percent increase in price results in a smaller than one percent decrease in quantity demanded. B) that a one percent increase in price results in a larger than one percent decrease in quantity demanded. C) that a one percent cut in price results in a larger than one percent increase in quantity demanded. D) that a one percent decrease or increase in price induces no change in total revenue.

Economics

Historically, realists have viewed competition over resources as

a. a major cause of war. b. a method for solving collective action problems. c. an exploitation of developing countries. d. a way for poor nations to raise their standard of living.

Economics

Use the figure below to answer the following question.The diagram above shows three supply curves for apples. A movement from point a to point b is caused by a change in the 

A. price of resources used to produce apples. B. technology of apple farming. C. number of apple farmers. D. price of apples in the market.

Economics

Refer to the information provided in Table 21.3 below to answer the question(s) that follow. Table 21.3Refer to Table 21.3. The value of disposable income in billions of dollars

A. is 505. B. is 560. C. is 605. D. cannot be calculated given the information in Table 6.3.

Economics