If the stockholders' equity of a bank is $30,000 and the total liabilities of the bank is $10,000, the total assets of the bank will equal:
A) $10,000. B) $20,000. C) $40,000. D) $30,000.
C
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Which of the following is a reason that the Fed does not traditionally attempt to limit asset price bubbles?
A. The Fed’s actions could do more harm than good. B. It is nearly impossible to determine if a bubble exists before it bursts. C. The Fed’s policies cannot be targeted at only one sector of the economy. D. All of these responses are correct.
Since 1925, the longest recession in the United States lasted:
A. 120 months. B. 43 months. C. 60 months. D. 21 months.
(I) Countries with more economic freedom during the past quarter of a century had a lower average per capita GDP. (II) Countries with more economic freedom during the past quarter of a century generally achieved higher rates of economic growth
a. Both I and II are true. b. Both I and II are false. c. I is true; II is false. d. I is false; II is true.
Refer to the accompanying figure. Moving from demand curve D2 to demand curve D1 could be caused by a(n):
A. increase in the product's expected future price. B. increase in the price of a substitute. C. increase in quantity supplied. D. increase in the price of a complement.