Banks serve the role of a financial intermediary; however, banks cannot survive in the long term if they are paying out more in ___________ to depositors than they are receiving from borrowers.
a. interest
b. revenue
c. taxes
d. income
a. interest
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Which of the following is an example of a good that is excludable and nonrivalrous?
a. A fishery. b. Cable television. c. Over the air television broadcasts. d. Disney World.
Which of the following changes shifts the SRAS curve down?
A) An increase in the labor force B) An increase in the money supply C) A decrease in government purchases D) A decrease in firms' costs
Suppose a six-sided dice is rolled twice. The probability of getting a five during the second roll will depend on the outcome of the first roll
Indicate whether the statement is true or false
The producer price index measures the cost of a basket of goods and services bought by firms rather than consumers
a. True b. False Indicate whether the statement is true or false