The primary source of earnings of commercial banks is income derived from
What will be an ideal response?
the use of deposits to extend loans and undertake investments.
You might also like to view...
Expansionary monetary policy should initially change gross investment by ________.
A. more than necessary to reach full employment B. an amount determined by the money multiplier C. enough to reach full employment D. less than necessary to reach full employment
The firm's profit-maximizing price is
a. P1. b. P2. c. P3. d. P4.
A nation can determine how close it is to the classical range by considering its:
a. Net export position. b. Capacity utilization index. c. Exchange rate. d. None of the above.
There are dozens of pasta producers that sell pasta to hundreds of Italian restaurants nationwide. The restaurant owners buy from the cheapest pasta producer available to them.
A. Yes, meets all assumptions B. No, no free entry C. No, not many sellers D. No, not a homogeneous product